NEW YORK—Stocks slipped Thursday as Wall Street’s red-hot rally for the year cooled a bit more.
The S&P 500 fell 11.50, or 0.3 percent, to 4,501.89 for its third straight loss after setting a 16-month high. The Dow Jones Industrial Average dropped 66.63, or 0.2 percent, to 35,215.89, and the Nasdaq composite dipped 13.73, or 0.1 percent, to 13,959.72.
