Tech, health care lead US stocks lower
USA stock indexes held close to their record levels on Tuesday, and the Standard & Poor's 500 edged higher as calm continues to reign over markets around the world.
Interest rates also climbed after a report showed that a key component of inflation accelerated last month.
The S&P 500 was up 1 point, or 0.1 percent, to 2,749, as of 10 a.m.
The slight declines Wednesday came after six straight gains for the Standard & Poor's 500 index, its longest winning streak to open a year since 2010.
The Nasdaq Composite was up 39.36 points, or 0.55 percent, at 7,251.14.
Signet Jewelers had the largest loss of the S&P 500 after it reported weaker sales for the holiday season than a year earlier.
Advanced Micro Devices fell 2.66 percent after the chipmaker said its microprocessors are prone to both variants of the Spectre security flaw, days after saying its risk for one of them was "near zero".
The S&P 500 closed at 2,748.2-3-, while the tech-heavy Nasdaq was down ten points to 7,153.5-7. The yield on the 10-year Treasury note held steady at 2.54 percent after climbing as high as 2.59 percent in the morning. The rise in rates moderated as the day progressed. But a sudden or sharp jump in rates could easily upset markets.
Stocks have been rising at a remarkably steady pace for more than a year as investors bask in a global economy that's strengthening. Corporate profits are also on the upswing, and the recently passed tax cut should goose earnings even higher.
Tributes pour in for comedy actress Bella Emberg
Russ Abbot , 70, was reported to have told the Press Association: "She was not only a great sport but a huge comedy talent". Abbot paid tribute to Emberg as news of her passing broke, lauding the actress as "a woman of vast warmth and generosity".
5 bold Premier League predictions: Van Dijk leads Liverpool to victory
City have triumphed against Liverpool just once in the past six meetings in the league, a demolition in their last encounter. The Blues have won their last four games against the Foxes, including a 1-2 win earlier in the season at the King Power.
Klopp: Liverpool penalty should not have been given
They played football, a big difference to the last game between us. "It was a tough game but we're through". I'm very happy to have my debut, to score and to win.
Stocks are opening lower on Wall Street as a New Year's rally runs out of gas. "Things are good enough to keep things going solidly, at least for the first half of 2018".
Later this week, companies will begin reporting their results for the last three months of 2017, and investors are waiting to hear what CEOs will say about the tax overhaul's effect on their bottom lines. The Dow Jones finished flat at 25,369.1, and the S&P 500 and the Nasdaq closed lower for the first time this year.
The Russell 2000 is up 56.46 points, or 3.7 percent.
Among other stocks, Facebook fell 4 percent after the company started changing the way it filters posts and videos on News Feed.
The Dow is up 855.51 points, or 3.5 percent. In contrast, US export prices edged down 0.1 percent in December, after advancing 0.5 percent in November.
In markets overseas, Japan's Nikkei 225 added 0.6 percent, Hong Kong's Hang Seng rose 0.4 percent, and the Shanghai Composite inched up 0.1 percent.
The euro jumped to $1.2181 from $1.2036 late Thursday.
The dollar fell to 111.35 Japanese yen from 112.61 yen late Tuesday.
Benchmark U.S. crude added 61 cents to settle at $63.57 per barrel. Brent crude, the worldwide standard, rose $1.04 to settle at $68.82 per barrel. On the Nasdaq, 1,864 issues rose and 920 fell.
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