U.S. stocks drifted to a mixed close as Wall Street’s momentum cooled following its latest record-setting day.
The S&P 500 ended just barely lower Thursday, a day after setting an all-time high for the 25th time this year. The Dow Jones Industrial Average rose 0.2 percent, and the Nasdaq composite dipped 0.1 percent after setting its own record.
Several retailers fell after detailing more struggles for lower-income customers. Nvidia’s stock swung to a loss a day after its total value topped $3 trillion for the first time. European stocks rose modestly after the European Central Bank cut its main interest rate.
On Thursday:
The S&P 500 fell 1.07 points, or less than 0.1 percent, to 5,352.96.
The Dow Jones Industrial Average rose 78.84 points, or 0.2 percent, to 38,886.17.
The Nasdaq composite fell 14.78 points, or 0.1 percent, to 17,173.12.
The Russell 2000 index of smaller companies fell 14.43 points, or 0.7 percent, to 2,049.44.
For the week:
The S&P 500 is up 75.45 points, or 1.4 percent.
The Dow is up 199.85 points, or 0.5 percent.
The Nasdaq is up 438.11 points, or 2.6 percent.
The Russell 2000 is down 20.69 points, or 1 percent.
For the year:
The S&P 500 is up 583.13 points, or 12.2 percent.
The Dow is up 1,196.63 points, or 3.2 percent.
The Nasdaq is up 2,161.77 points, or 14.4 percent.
The Russell 2000 is up 22.37 points, or 1.1 percent.
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