How Major US Stock Indexes Fared Feb. 2

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Big Tech stocks carried Wall Street to another record high, even as many stocks fell amid worries about the downside of a too-hot economy.
Big gains for Meta Platforms and Amazon pushed the S&P 500 index up 1.1 percent Friday. They also vaulted the Nasdaq composite up by 1.7 percent. The Dow Jones Industrial Average rose a more modest 0.3 percent, and more stocks fell overall on Wall Street than rose.
A strong jobs report pushed traders to further delay expectations for when the Federal Reserve may deliver the cuts to interest rates they desire. Treasury yields rose in the bond market.
On Friday:…

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