Oil prices are clawing back some of their sharp drops from earlier in the week on Thursday, but U.S. stocks are remaining near their records as companies like Dollar Tree, Snowflake and Hormel Foods keep piling up profits.
The S&P 500 edged down by 0.1% from its all-time high set the day before. The Dow Jones Industrial Average was down 219 points, or 0.4%, as of 9:35 a.m. Eastern time, and the Nasdaq composite was 0.2% lower after both indexes also set records the day before.