Stock market today: Wall Street holds steadier after Tuesday's slide
Wall Street is holding steadier, and U.S. stocks are drifting between small losses and gains a day after strong reports on the economy stirred up worries that inflation and interest rates may remain higher than expected. The S&P 500 rose 0.2% Wednesday. The Dow Jones Industrial Average added 36 points, and the Nasdaq composite rose 0.1%. In the bond market, the moves were also more modest following the charge higher for yields over the last month. Reports on the economy came in mixed, and a top Federal Reserve official said he still expects cuts to rates in 2025.