NEW YORK (AP) — U.S. stocks are drifting near a record on Thursday amid a relatively quiet day on Wall Street.
The S&P 500 was virtually unchanged in morning trading after pulling to the edge of its all-time high Wednesday following its sixth gain in seven days. The Dow Jones Industrial Average was up 87 points, or 0.2%, as of 10:40 a.m. Eastern time, and the Nasdaq composite was edging 0.3% lower.
Movements were also mostly quiet in markets abroad, even after China’s latest attempt to juice stock prices in the world’s second-largest economy. Stocks in Hong Kong got a brief boost from China’s ordering of pensions and mutual funds to invest more in domestic stocks, for example, but the Hang Seng index ended with a dip of 0.4%.
The relatively calm movements came as Treasury yields also held a bit steadier in the U.S. bond market. Big swings there have shaken the stock…
