1605 ET - The Dow Jones Industrials and S&P 500 edge down from record highs, while the Nasdaq extends gains with renewed optimism about the AI boom. Increased confidence for a Fed rate cut next week sends the Dow and S&P 500 up 1% in the week, while the Nasdaq climbs over 2%. University of Michigan's consumer-confidence index fell to 55.4 from 58.2 in August, as sentiment fell on weaker job data and fears of persistent inflation. DJIA falls 273 points, or 0.6%, to 45834, the S&P 500 slips 0.1% to 6584, while the Nasdaq gains 0.4% to 22141. (patrick.sullivan@wsj.com)

(END) Dow Jones Newswires

September 12, 2025 16:05 ET (20:05 GMT)

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