The modest moves come as the market is stuck in a relative lull with few reports on the economy or on corporate profits to drive trading.
— U.S. stocks are drifting on Wednesday as Wall Street takes a pause from what seemed like a relentless rally.
The S&P 500 edged up by 0.1% in early trading, coming off its first loss in four days. The Dow Jones Industrial Average was up 152 points, or 0.3%, as of 9:35 a.m. Eastern time, and the Nasdaq composite was 0.1% higher. All three are near their all-time highs, which were set on Monday.
The U.S. stock market has been on a blistering run since hitting a low in April, fueled by hopes that President Donald Trump’s tariffs won’t derail global trade and that the Federal Reserve will cut interest rates several times to boost the U.
