US STOCKS-Wall Street mixed as Microsoft climbs and Apple dips

Wall Street ended mixed on Thursday, with a gain in Microsoft offsetting a dip in Apple, a day after the Federal Reserve cut interest rates as expected and left the door open for further monetary easing. Microsoft rose 1.8% after unveiling a $40 billion stock buyback plan, while Apple declined 0.8% and the S&P 500 ended virtually unchanged. 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.

source https://finance.yahoo.com/news/us-stocks-wall-street-mixed-204304499.html?.tsrc=rss

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