US markets today: Wall Street drifts near record highs as Marvell jumps; Macy’s sinks on high expectations

Wall Street saw mixed trading as corporate earnings presented a varied picture. While Marvell Technology and American Eagle Outfitters posted strong results, Macy’s and CrowdStrike faced headwinds despite beating profit expectations. Bond yields dipped following softer private payroll data, fueling hopes for a Federal Reserve rate cut. Global markets showed a mixed performance.