Wall Street banks are getting ready to sell up to $3 billion of debt holdings in X, the social-media platform controlled by Elon Musk, two people with knowledge of the matter said on Friday.

The Dow Jones Industrial Average fell 140.82 points, or 0.32%, to 44,424.25, the S&P 500 lost 17.47 points, or 0.29%, to 6,101.24 and the Nasdaq Composite lost 99.38 points, or 0.50%, to 19,954.30.

U.S. President Donald Trump on Thursday accused the CEOs of Bank of America and JPMorgan Chase of not providing banking services to conservatives, echoing Republican complaints about the industry.

Texas Instruments (TXN) saw its share prices drop by 5.13 percent on Thursday to end at $187.37 apiece as investors sold off positions following news that the Chinese government kicked off a probe

Netflix, Oracle and other technology stocks are lifting U.S. indexes as their profits pile higher and excitement builds around artificial intelligence. The S&P 500 was up 0.5% early Wednesday.

DALLAS (AP) — DALLAS (AP) — Texas Instruments Inc. (TXN) on Thursday reported fourth-quarter net income of $1.21 billion. On a per-share basis, the Dallas-based company said it had net income of $1.30.

Trading was quiet through the day, aided by relative steadiness in the bond market, which has been driving much of the action on Wall Street lately. When worries about inflation and the U.S. government’s swelling debt have been on the rise,

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U.S. stocks are drifting near a record as Wall Street’s recent rally loses some momentum. The S&P 500 slipped 0.1% in early trading Thursday, a day after after pulling to the edge of its all-time high set in early December.

Netflix, Oracle and other tech stocks lifted U.S. indexes as their profits pile higher and excitement builds around AI's moneymaking prospects.

On a weekly basis, Wall Street's main indexes are set for their second straight week of advances, with the blue-chip Dow on track for its biggest weekly jump since October 2022, aided by Trump's artificial intelligence investment plans, signs of cooling inflation and robust earnings from big banks in the previous week.

U.S. stocks are pulling back from their all-time high on Friday, but are still on track to close out a second straight winning week. The S&P 500 fell 0.4% in afternoon trading, a day after setting a record.