The U.S. stock market drifted through a quiet day of trading Wednesday after a report said inflation was a touch worse last month than economists expected. Yields in the bond market edged higher following the data.

The S&P 500 edged down by less than 0.1% and remains near its all-time high set earlier this month. The Dow Jones industrial average dipped 113 points, or 0.2%, and the Nasdaq composite slipped 0.1%.

Stocks made relatively few big moves ahead of the latest earnings report from the market’s most influential company, Nvidia, which arrived after trading ended for the day.

Abercrombie & Fitch leaped 35.7% after reporting a stronger profit for the latest quarter than analysts expected.

J.M. Smucker climbed 4.3% after likewise reporting sweeter results than expected for the spring.

On the losing end of Wall Street was Intuit, even though the company topped analysts’ profit expectations in the latest quarter. It fell 3.2% after giving a forecast for profit growth of nearly 25% in its upcoming fiscal year, which fell short of analysts’ expectations.

Outside of earnings reports, Meta Platforms added 1.1% after agreeing to pay up to $18 billion and to add child-safety measures to Facebook and Instagram to end a landmark trial over teen social media addiction and settle claims filed by states across the country.

All told, the S&P 500 slipped 1.58 to 7,675.70 points. The Dow dipped 113.52 to 53,463.88, and the Nasdaq composite fell 21.10 to 26,130.20.

In the bond market, the 10-year Treasury yield edged up to 4.65% from 4.64% late Tuesday.

The price for a barrel of Brent crude, the international standard, settled at $86.94. That’s down 0.4% from the day before and from $94 at the end of last week.

— Associated Press