NEW YORK (AP) — U.S. stocks are up for the fifth consecutive day Wednesday as technology and high-dividend companies move higher. The gains are slight as retailers including jewelry and car parts sellers are falling and energy companies decline with oil prices. Investors are waiting for the Federal Reserve to release minutes from its meeting earlier this month.
Most major European stock markets close out a choppy session slightly lower, with investors staying on the sidelines ahead of the Federal Reserve minutes due later in the day.
European markets were mixed Wednesday, recovering some of the losses seen in early deals after Moody's downgraded its credit rating for the world's second-largest economy, China.