Stock market today: Stocks slip from recent records, Bitcoin rallies back above $70,000
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Wall Street posted small gains in early trading on Friday as markets tried to close out another up-and-down week on the positive side. Futures for the S&P 500 and the Dow Jones Industrial Average each rose less than 0.2% before the bell. Markets have bounced around between small gains and losses this week on a series of mixed economic data. One report showed inflation was a touch hotter at the wholesale level last month than economists expected. Other reports released Thursday also showed some softening in the economy, which kept alive hopes that the long-term trend for inflation remains downward and that the Fed will cut rates three times this year, starting in June. In off-hours equity trading, software maker Adobe tumbled 11.2% after it gave tepid guidance even though it beat Wall Stree...
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