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Wall Street drifts near its all-time high as Marvell Technology jumps and Macy's sinks

NEW YORK (AP) — The U. S. stock market is drifting on Wednesday following mixed profit reports from companies, as Macy’s sinks but Marvell Technologies climbs. The S&P 500 edged down by 0. 1% in early trading but remains within 1% of its all-time high set in late October. The Dow Jones Industrial Average was up 32 points, or 0. 1%, as of 9:35 a. m. Eastern time, and the Nasdaq composite was 0. 4% lower. Marvell rose 5. 6% after the supplier of semiconductor products delivered a stronger a...

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