homeWelcome, sign in or click here to subscribe.login
     


 

 

Business


Subscriber content preview

April 30, 2026

Oil prices keep spurting higher, but stocks hold near their records

By STAN CHOE
AP Business Writer

NEW YORK — More jumps for oil prices sent tremors through the U.S. bond market on Wednesday, along with hints that some Federal Reserve officials don't want to cut interest rates any time soon. But fat profit reports from Starbucks and other big companies helped the U.S. stock market remain resilient despite that.

The S&P 500 finished nearly unchanged and edged down by less than 0.1%, a day after slipping from its latest all-time high. The Dow Jones Industrial Average dropped 280 points, or 0.6%, while the Nasdaq composite inched up by less than 0.1%.


 
. . .


To read this story in full login or purchase a subscription.




Email or user name:
Password:
 
Forgot password? Click here.