U.S. stocks finished slightly lower Thursday, reversing intraday gains after fresh economic data indicated a recent uptick in Covid-19 infections related to the Omicron variant hasn’t led to a surge in layoffs.
The S&P 500 ticked down 14.33 points, or 0.3%, to 4778.73 a day after the broad-market index climbed to a record. The Nasdaq Composite slid 24.65 points, or 0.2%, to 15741.56 and the Dow Jones Industrial Average lost 90.55 points, or 0.2%, to 36398.08.