The S&P 500 slipped 0.3% Thursday from its all-time high set before Wednesday's holiday for financial markets. The Nasdaq composite also pulled back from its record, falling 0.8%. The Dow Jones Industrial Average beat the market with a gain of 0.8%. Nvidia gave up an early gain and fell 3.5% to put at risk an eight-week winning streak.
U.S. stock indexes edged back from their records, weighed down by a rare dip for Wall Street darling Nvidia, following a mixed set of reports on the economy.
The S&P 500 slipped 0.3% Thursday from its all-time high set before Wednesday's holiday for financial markets. The Nasdaq composite also pulled back from its record, falling 0.8%. The Dow Jones Industrial Average beat the market with a gain of 0.8%.
Nvidia gave up an early gain and fell 3.5% to put at risk an eight-week winning streak. Treasury yields climbed in the bond market to add some pressure on stocks.
On Thursday:
The S&P 500 fell 13.86 points, or 0.3%, to 5,473.17.