 "A street sign for Wall Street is seen outside the New York Stock Exchange in Manhattan, New York City")
A surge in technology stocks sent the major Wall Street indexes to record highs on Friday, but a drop in health insurers kept the rally in check, while banks were little changed after mixed reports from Bank of America and Wells Fargo.
Bank of America, the second-biggest US bank by assets, rose 1.10 per cent after the lender’s profit topped estimates due to higher interest rates and a drop in costs.
But Wells Fargo tumbled more than three per cent, set for its biggest drop since mid-April, after reporting lower-than-expected revenue for the fourth straight quarter due to a decline in
