Stock market today: A dip for Nvidia weighs on Wall Street, and indexes edge back from records

NEW YORK (AP) — U.S. stock indexes edged back from their records Thursday, weighed down by a dip for Wall Street darling Nvidia, following a mixed set of reports on the economy.

The S&P 500 dropped 0.3% from its all-time high set before trading paused for Wednesday's Juneteenth holiday. The Nasdaq composite also pulled back from its record and slipped 0.8%. The Dow Jones Industrial Average beat the market with a gain of 299 points, or 0.8%.

Nvidia gave up an early gain and swung to a loss of 3.5% to put at risk an eight-week winning streak. The chip company has been the main beneficiary of Wal...

 

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