S&P 500 Little Changed After Briefly Rising Above Record Close

U.S. stocks were little changed, after the Standard & Poor’s 500 Index briefly climbed above its previous closing record, as better-than-forecast corporate results offset a slump in commodities producers.

The S&P 500 increased 0.1 percent to 2,128.16 at 4 p.m. in New York, after earlier rising above an all-time high set two months ago.

The S&P 500 had lost as much as 4 percent from its May 21 record before rebounding, with most of the gains coming during a 2.4 percent rally last week amid signs that Greece’s standoff with creditors is near a conclusion and a rout in Chinese equities has been contained.

Source: Bloomberg