Wed. 10:17 a.m.: Stocks wobble on Wall Street, easing back from record highs

(AP) – Stocks are off to a mixed start on Wall Street today, a day after the S&P 500 and the Dow Jones Industrial Average set their latest record highs. Several big technology companies were posting solid gains, led by Microsoft, which reported a 24 percent surge in profits last quarter as its cloud computing business bounded ahead. The S&P 500 was wobbling between small gains and losses in the early going, as was the Dow. The Nasdaq was up 0.5 percent. McDonald’s was also up 3.3 percent after turning in results that beat forecasts. The yield on the 10-year Treasury fell to 1.57 percent.


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