U.S. stocks drifted through a quiet day of trading as Wall Street’s momentum slowed following its big recent rally
U.S. stocks drifted through a quiet day of trading as Wall Street’s momentum slowed following its big recent rally.
The S&P 500 was essentially flat Wednesday and is within 2.8% of its all-time high. The Dow Jones Industrial Average slipped 0.2%, and the Nasdaq composite rose 0.3%.
The action was stronger in the bond market, where Treasury yields tumbled following a pair of weaker-than-expected reports on the economy. The reports on the job market and output by U.S. services businesses raised
