March 14, 2024 - 1:05 PM
NEW YORK (AP) — Stocks slipped away from their records following a mixed batch of economic reports. The S&P 500 fell 0.3% Thursday after giving up an earlier, modest gain. The Dow Jones Industrial Average lost 0.4%, and the Nasdaq composite fell 0.3%. Treasury yields rose following the latest in a string of data showing inflation was worse than expected. That kept the door closed on earlier hopes that the Federal Reserve could begin cutting interest rates this month.