Stock Market Today: Wall Street Drifts as Central Banks Keep Cranking Interest Rates Higher

Stock Market Today: Wall Street Drifts as Central Banks Keep Cranking Interest Rates Higher
Traders work on the floor at the New York Stock Exchange in New York on June 14, 2023. Seth Wenig/AP Photo
The Associated Press
Updated:

NEW YORK—Stocks drifted to a mixed finish on Wall Street Thursday as central banks around the world keep cranking interest rates higher in their fight against inflation.

The S&P 500 rose 16.20, or 0.4 percent, to 4,381.89, even though the majority of stocks fell. A rebound for technology stocks helped to overshadow losses elsewhere in the market and keep the benchmark index afloat.