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Holiday decorations are shown in front of the New York Stock Exchange in New York's Financial District on Tuesday, Dec. 3, 2024. (AP Photo/Peter Morgan)

Stock market today: Wall Street inches higher to set more records

U.S. stocks tiptoed to more records after a quiet day of trading

By STAN CHOE
Published - Dec 03, 2024, 05:04 PM ET
Last Updated - Dec 16, 2024, 05:08 PM EST

NEW YORK (AP) — U.S. stocks tiptoed to more records amid a mixed Tuesday of trading, tacking a touch more onto what’s already been a stellar year so far.

The S&P 500 edged up by 2 points, or less than 0.1%, to set an all-time high for the 55th time this year. It’s climbed in 10 of the last 11 days and is on track for one of its best years since the turn of the millennium.

The Dow Jones Industrial Average slipped 76 points, or 0.2%, while the Nasdaq composite added 0.4% to its own record set a day earlier.

AT&T rose 4.6% after it boosted its profit forecast for the year. It also announced a $10 billion plan to send cash to its investors by buying back its own stock, while saying it expects to authorize another $10 billion of repurchases in 2027.

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