U.S. stock indexes ticked higher on Thursday following another encouraging update on inflation across the country. The S&P 500 rose 0.4% to pull back with 1.6% of its record. The Dow Jones Industrial Average added 101 points,

NEW YORK — Wall Street’s rally stalled on Wednesday after U.S. stocks climbed back within 2% of their all-time high. The Standard & Poor’s 500 fell 0.3% for its first loss in four days. The Dow Jones Industrial Average was virtually unchanged after edging down by 1 point, and the Nasdaq composite slipped 0.5%.

U.S. stocks drifted higher following another encouraging update on inflation. The S&P 500 added 0.4% Thursday and is sitting less than 2% below its record. The Dow Jones Industrial Average