NEW YORK — Wall Street limped into positive territory on Wednesday on optimism over a spate of upbeat earnings that was nearly offset by jitters over rising U.S. bond yields and corporate costs. The S&P 500 and the Dow Jones Industrial Average ended up after a choppy session, with the Dow ending a five-day losing streak, but the Nasdaq posted its fifth straight loss, weighed down by technology stocks. "Investors are aware that the tax cuts have certainly boosted earnings and they have also seen an increase in top line growth," said Bernard Baumohl, chief global economist at the Economic Outlook Group in Princeton, New Jersey. "But we are a bit long in the tooth with respect to this cycle. And at some point there is a question how much longer this economic expansion can continue to grow."

Source: New York Times April 25, 2018 12:31 UTC