Dow hovers around its record high

Stock indexes on Wall Street wavered a day after the Dow Jones Industrial Average set an all-time high.

The S&P 500 was up 0.2% in afternoon trading Tuesday after drifting between small gains and losses for much of the day. The Dow was down 19 points, or 0.1%. The Nasdaq composite was up 0.3%.

Semiconductor company Nvidia, with a total market value topping $3 trillion, reports its latest financial results on Wednesday. It rose 1.8%. Wall Street's mania around artificial intelligence has helped propel a 160% gain for the stock this year.


The parent company of the Paramount movie studio slid 6.3% after Edgar Bronfman Jr., the former head of Warner Music Group, abandoned his bid for the company, clearing the way for it to be acquired by the media company Skydance.

Treasury yields held steady in the bond market. The yield on the 10-year Treasury rose to 3.83% from 3.82% late Monday.