Stocks Stall in Mixed Trading Day After Worst Drop in Months

Stocks Stall in Mixed Trading Day After Worst Drop in Months
Traders work on the floor at the New York Stock Exchange in New York on Feb. 22, 2023. Seth Wenig/AP Photo
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NEW YORK—Stocks stalled in mixed trading on Wednesday, a day after falling to their worst loss since December, as Wall Street prepares for interest rates to stay higher for longer.

The S&P 500 dipped 0.2 percent after drifting between small gains and losses through the day. The Dow Jones Industrial Average slipped 84 points, or 0.3 percent, while the Nasdaq composite edged up by 0.1 percent.