By STAN CHOE, Associated Press Business Writer
NEW YORK (AP) — U.S. stocks are coasting toward the finish of Wall Street’s latest winning month on Tuesday.
The S&P 500 slipped 0.2% in early trading, but the main measure of the U.S. stock market’s health remains on track for a fifth straight winning month after setting a record last week . The Dow Jones Industrial Average was down 27 points, or 0.1%, as of 9:35 a.m. Eastern time, and the Nasdaq composite was 0.2% lower.
Oil-related companies fell again as the price of crude added more losses to its weak week. Halliburton dropped 2%. That helped offset a 15.6% jump for CoreWeave, which said Meta Platforms will pay it at least $14.2 billion for a new order for cloud computing power made under its existing service agreement.
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