U.S. stocks ticked higher to hit another record.
The S&P 500 rose 0.5% Wednesday and set an all-time high for the third time in four days. The Dow Jones Industrial Average edged down by less than 0.1%, and the Nasdaq composite gained 0.9%.
Tesla rallied following its latest update on deliveries, while Nike and other companies that import a lot from Vietnam rose after President Donald Trump announced a trade deal with the country. Shorter-term Treasury yields held steady ahead of a highly anticipated report coming on Thursday about the strength of the U.S job market.
On Wednesday:
The S&P 500 rose 29.41 points, or 0.5%, to 6,227.42.
The Dow Jones Industrial Average fell 10.52 points, or less than 0.1%, to 44,484.42.
The Nasdaq composite rose 190.24 points, or 0.9%, to 20,393.13.
The Russell 2000 index of smaller companies rose 28.84 points, or 1.3%, to 2,226.38.