Stock market today: Wall Street is mixed after strong economic data, corporate profit warnings

Wall Street is mixed after reports showed the U.S. economy continues to storm ahead despite much higher interest rates that have already lashed the stock market. Some big-name companies also warned about an uncertain global economy hitting their upcoming profits. The S&P 500 was 0.2% lower Thursday, coming off an eighth drop in 10 days that dragged it to its lowest close since May. The Dow was up 53 points, and the Nasdaq composite was 0.4% lower. Treasury yields fell after erasing earlier gains. That helped support the stock market, which was hurt by sharp falls for Meta Platforms and others following their profit reports.