NEW YORK (AP) — Stocks drifted to a mixed close as momentum stalled following Wall Street's hot first half of November.
The S&P 500 rose 0.1% Thursday. The Dow slipped 45 points, and the Nasdaq composite rose less than 0.1%.
Walmart and Cisco slumped after giving disappointing forecasts. Oil companies also fell sharply after crude dropped to its lowest price since July.
Wall Street is still on track for its best month in a year on hopes the Federal Reserve will take it easier on interest rates.
Treasury yields sank after more reports bolstered hopes the economy is cooling enough to no longer need rate hikes to slow it down.