NEW YORK — U.S. stock indexes drifted lower on Wednesday as a seemingly relentless rally on Wall Street takes at least a pause.

The S&P 500 slipped 0.3 percent for a second straight, modest loss. The Dow Jones Industrial Average dropped 171 points, or 0.4 percent, and the Nasdaq composite fell 0.4 percent. All three are still near their all-time highs, which were set on Monday.

Searchable stock index

It’s a slowdown following the U.S. stock market’s blistering run since hitting a low in April, fueled by hopes that President Donald Trump’s tariffs won’t derail global trade and that the Federal Reserve will cut interest rates several times to boost the U.S. economy. The rally was so big that it raised concerns about stock prices shooting too high and becoming too expensive, particularly i

See Full Page