Wall Street

Gains in technology stocks helped lift the Nasdaq on Thursday, while the S&P 500 and the Dow were weighed down by losses in consumer stocks.

Wall Street flipped between modest gains and losses Wednesday, as technology names rallied and energy stocks fell amid weaker oil prices.

Intercontinental Exchange's CEO said the company has put a lot of thought into the idea of futures contracts on cryptocurrencies like bitcoin, but has yet to move forward due to the opaque nature of the underlying markets.

Wall Street fell on Tuesday as a technology rebound lost steam and Walt Disney shares dipped, while investors assessed how a Republican U.S. tax overhaul would impact corporate earnings.

Nestle is paying $2.3 billion to buy Canadian vitamin maker Atrium Innovations, it said on Tuesday, expanding its presence in the consumer healthcare market as it seeks to offset weakness in its traditional packaged foods.

The Dow Jones Industrial Average reached a record high on Monday, with banks and retailers surging and technology companies falling as investors realigned their portfolios in hopes of benefiting from expected corporate tax cuts.

OPEC oil output fell in November by 300,000 barrels per day (bpd) to its lowest since May, a Reuters survey found, pressured by a drop in Angolan and Iraqi exports, strong compliance with a supply cut deal and involunary declines.

Even as stocks bounced around and volatility spiked on news that a former member of President Donald Trump's inner circle pleaded guilty to lying to the FBI, analysts were betting that optimism over tax cuts on top of a Santa rally will carry the market higher.

The Dow Jones Industrial Average crossed the 24,000-point waterline on Thursday, hitting new record highs as the odds of passing tax reform increase.