Major U.S. stock indexes ended another up-and-down day of trading more or less where they started out, although a small gain nudged the Dow Jones Industrial Average to another record high. The S&P 500 ended down less than 0.1%, while the Nasdaq gave back 0.3%. Treasury yields fell after a government report showed that inflation remained tame last month. That’s encouraging for investors because it suggests the U.S. economy will be able to receive more stimulus without overheating.
The S&P 500 fell 1.35 points, or less than 0.1%, to 3,909.88.
The Dow Jones Industrial Average rose 61.97 points, or 0.2%, to 31,437.80.