US Markets today: Stocks hover near records as Big Tech earnings diverge; gold extends blistering rally

The S&P 500 edged up by less than 0.1% and hovered near its all-time high set earlier this week. The Dow Jones Industrial Average rose 162 points, or 0.3%, while the Nasdaq composite slipped 0.6%, weighed down by losses in large technology stocks, AP reported.Technology shares drove much of the divergence. Microsoft slumped 10.4% despite reporting stronger-than-expected profit and revenue for the latest quarter. Investors instead focused on the company’s rising capital expenditure, concerns over the pace of ...