Stocks fell sharply Wednesday after the Federal Reserve disclosed that its top officials were mostly in agreement that the central bank should end its massive bond-buying program.
The stock market fell on Wednesday as a poor earnings report from Macy's cast doubt on the outlook for consumer spending, a vital component of the U.S. economy.
Major stock indexes eked out small gains Tuesday after an upturn in technology companies outweighed weakness in other parts of the market, including a drop in airlines.
Stocks rose Thursday morning after an encouraging employment report, sending the Standard & Poor's 500 index above 1,700 points for the first time.