Stocks are drifting on Wall Street as central banks cranked up interest rates in their ongoing fight against inflation.
The S&P 500 rose less than 0.1% in afternoon trading Thursday. The majority of stocks in the benchmark index were slipping, but gains from some big technology stocks countered losses elsewhere.
The Dow Jones Industrial Average fell 55 points, or 0.2%, to 33,895 and the Nasdaq rose 0.4% as of 12:14 p.m. Eastern.
