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May 31, 2023

Wall Street churns to a mixed finish

By STAN CHOE
AP Business Writer

NEW YORK — Wall Street churned to a mixed finish Tuesday as a long list of worries looms, even if the most pressing crisis seems to be calming as Washington moves to avoid a default on its debt.

The S&P 500 edged up by 0.07, or less than 0.1%, to 4,205.52, hovering close to its highest level since August. The Dow Jones Industrial Average slipped 50.56 points, or 0.2%, to 33,042.78. The Nasdaq composite, meanwhile, led the market with a 0.3% gain as excitement keeps building about artificial intelligence. It rose 41.74 to 13,017.43.


 
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