The S&P 500 and Nasdaq gave back some of their gains on Thursday.
 | THU, DEC 09, 2021 | | | | DOW | | NAME | LAST | CHG | %CHG | | AAPL | 174.56 | -0.52 | -0.30% | | INTC | 50.48 | -1.27 | -2.45% | | VZ | 50.16 | -0.33 | -0.65% | |
| | S&P 500 | | NAME | LAST | CHG | %CHG | | AAPL | 174.56 | -0.52 | -0.30% | | F | 19.57 | -0.24 | -1.21% | | AMD | 138.10 | -7.14 | -4.92% | |
| | NASDAQ | | NAME | LAST | CHG | %CHG | | AAPL | 174.56 | -0.52 | -0.30% | | AMD | 138.10 | -7.14 | -4.92% | | NVDA | 304.90 | -13.36 | -4.20% | |
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U.S. stocks gave back some of their gains from earlier this week. The S&P 500 slipped 0.7%, while the Nasdaq Composite lost 1.7%. The Dow Jones Industrial Average dropped less than one point to end the day near the flatline at 35,754.69. Nevertheless, all three indexes are still on track to end the week higher. Trading was mostly muted, as investors paused on the market rally and turned their attention to inflation data due out Friday. Markets are expecting a high inflation reading, which could lead the Federal Reserve to hasten the taper of its $120-billion monthly bond-buying program. Economists surveyed by Dow Jones expect the year-over-year growth rate for November's consumer price index to be 6.7%. If that is the case, it will mark the biggest move since June 1982.  Electric vehicle maker Lucid tumbled 18% a day after announcing a proposed $1.75 billion convertible senior notes offering. On the flip side, CVS added 4.5% after it issued upbeat guidance, and home-furnishings retailer RH gained 5.4% a day after it reported blowout earnings. Travel-related stocks were mostly lower, though not enough to wipe out their gains from earlier in the week. |
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