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January 28, 2026

Stocks zigzag following mixed profit reports

By STAN CHOE
AP Business Writer

NEW YORK — Wall Street ticked to a record on Tuesday, as stocks zigzagged under the market's surface following mixed profit reports from UnitedHealth, General Motors and other big companies.

The S&P 500 rose 0.4% and edged past its prior all-time high set a couple weeks ago, even though more stocks fell within the index than rose. The Dow Jones Industrial Average dropped 408 points, or 0.8%, and the Nasdaq composite climbed 0.9%.


 
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