September 07, 2023 - 1:14 PM
NEW YORK (AP) — Wall Street slipped on worries a too-warm economy will push the Federal Reserve to keep interest rates higher for longer. The S&P 500 fell 0.3% Thursday, its third straight loss. Big Tech stocks were particularly weak, and the Nasdaq composite lost 0.9%. The Dow held up better, rising 57 points, because it has less of an emphasis on tech.