Stocks drifted to another mixed close as Wall Street continues to recalibrate following its sharp recent swings.
The S&P 500 edged up 0.1 percent Wednesday, its third straight day of quiet trading. The Dow slipped 40 points, and the Nasdaq composite rose 0.1 percent.
Eli Lilly jumped after getting U.S. approval for a weight-loss drug, while Warner Brothers Discovery sank after reporting a worse loss for the last quarter than expected. The 10-year Treasury yield eased, which helped to calm financial markets broadly. Crude oil prices continued to slump further and are back to where they were in July.
On Wednesday:
The S&P 500 rose 4.40 points, or 0.1 percent, to 4,382.78.
The Dow Jones Industrial Average fell 40.33 points, or 0.1 percent, to 34,112.27.
The Nasdaq composite rose 10.56 points, or 0.1 percent, to 13,650.41.
The Russell 2000 index of smaller companies fell 19.08 points, or 1.1 percent to 1,714.07.
For the week:
The S&P 500 is up 24.44 points, or 0.6 percent.
The Dow is up 50.95 points, or 0.1 percent.
The Nasdaq is up 172.13 points, or 1.3 percent.
The Russell 2000 is down 46.64 points, or 2.6 percent.
For the year:
The S&P 500 is up 543.28 points, or 14.1 percent.
The Dow is up 965.02 points, or 2.9 percent.
The Nasdaq is up 3,183.93 points, or 30.4 percent.
The Russell 2000 is down 47.18 points, or 2.7 percent.
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