NEW YORK—Stocks dipped to close an up-and-down Wednesday on Wall Street following the latest update on inflation and the latest warning of a possible recession.
The S&P 500 fell 16.99, or 0.4 percent, to 4,091.95 after drifting between small gains and losses through the day. The Dow Jones Industrial Average slipped 38.29, or 0.1 percent, to 33,646.50, and the Nasdaq composite lost 102.54, or 0.9 percent, to 11,929.34.
