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.
The Nasdaq fell 35.16 points, or 0.3%, to 13,972.53.
The Russell 2000 index of smaller companies fell 16.56 points, or 0.7%, to 2,282.44.
For the week:
The S&P 500 is up 23.05 points, or 0.6%.
The Dow is up 289.56 points, or 0.9%.
The Nasdaq is up 116.24 points, or 0.8%.
The Russell 2000 is up 49.11 points, or 2.2%.
For the year:
The S&P 500 is up 153.81 points, or 4.1%.
The Dow is up 831.32 points, or 2.7%.
The Nasdaq is up 1,084.25 points, or 8.4%.
The Russell 2000 is up 307.59 points, or 15.6%.