Shares closed lower on Thursday, dragging major indices a little further below the record highs they made earlier this week.
Investors continue to focus on where the economy will go in the face of the waning pandemic, as well as the latest corporate earnings reports.
Technology and communications stocks were the largest holdings in the market. Banks, which had mostly solid financial results, also fell as bond yields fell. Investors also received a report from the Department of Labor that found unemployment claims to have fallen to another pandemic low.
The S&P 500 fell 14.27 points, or 0.3%, to 4,360.03 points.
The Dow Jones Industrial Average rose 53.79 points, or 0.2%, to 34,987.02 points.
The Nasdaq fell 101.82 points, or 0.7%, to 14,543.13.
The Russell 2000 Smaller Business Index fell 12.07 points, or 0.6%, to 2,190.29 points.
For the week:
The S&P 500 is down 9.52 points, or 0.2%.
The Dow is up 116.86 points, or 0.3%.
The Nasdaq is down 158.78 points, or 1.1%.
The Russell 2000 is down 89.71 points, or 3.9%.
For the year:
The S&P 500 is up 603.96 points, or 16.1%.
The Dow is up 4,380.54 points, or 14.3%.
The Nasdaq was up 1,654.85 points, or 12.8%.
The Russell 2000 is up 215.44 points, or 10.9%.