The feverish rally on Wall Street is taking a break.
The S&P 500 fell 0.3% Thursday from its latest all-time high for just its second loss in the last 10 days. The Dow Jones Industrial Average dropped 243 points, and the Nasdaq composite slipped 0.1%.
A sharp fall for Dell Technologies helped offset strength for Delta Air Lines, which delivered a stronger profit for the summer than analysts expected. But Dell and stocks broadly are still up comfortably for the week. The price of gold fell back below $4,000 per ounce following its stellar run this year.
On Thursday:
The S&P 500 fell 18.61 points, or 0.3%, to 6,735.11.
The Dow Jones Industrial Average fell 243.36 points, or 0.5%, to 46,358.42.
The Nasdaq composite fell 18.75 points, or 0.1%, to 23,024.63.
The Russell 2000 index of sma