NEW YORK (AP) — U.S. stocks inched to more records after oil prices fell back to where they were in mid-April. The S&P 500 edged up by less than 0.1% Wednesday. The Dow Jones Industrial Average rose 0.4%, and the Nasdaq composite gained 0.1%. All three indexes set records. Bath & Body Works and Abercrombie & Fitch both rallied after becoming the latest companies to deliver stronger profit reports for the start of 2026 than analysts expected. That's even though U.S. consumers have been getting more discouraged about inflation. Stocks of oil-and-gas companies fell after oil prices dropped more than 4%. Treasury yields eased.
THIS IS A BREAKING NEWS UPDATE. AP's earlier story follows below.
NEW YORK (AP) — U.S. stocks are hanging near their records Wednesday as oil prices fall and ease the pressure on households and businesses worldwide.
