Wall Street ends mixed with gain in Microsoft offsetting a dip in Apple a day after the Fed cut interest rates and left door open to further monetary easing
The S&P 500 was than less than 1% below its closing record high hit in July as investors became more optimistic about the resumption of talks between the United States and China aimed at laying the groundwork for high-level trade negotiations in early October. A recent easing in trade tensions has helped the three main indexes recover from losses from August.
The S&P 500 healthcare index .SPXHC climbed 0.5% after U.S. House of Representatives Speaker Nancy Pelosi released a proposal on drug pricing policy. FILE PHOTO: Traders work on the floor at the New York Stock Exchange in New York, U.S., September 18, 2019. REUTERS/Brendan McDermid
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