NEW YORK (AP) — Wall Street’s pause from its record-breaking rally didn’t last long. The S&P 500 climbed 0.6% Wednesday, a day after snapping a seven-day winning streak, and set its latest all-time high. The Dow Jones Industrial Average closed essentially flat, and the Nasdaq composite rose 1.1%, hitting a record of its own. Stocks benefiting from the artificial-intelligence boom continue to pull the market higher following a nearly relentless rise since April. Gold continued its stellar year and pushed further past $4,000 per ounce. Longer-term Treasury yields eased in the bond market, while stock indexes rose in Europe following a weaker finish in Asia.
THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below.