STAN CHOE, DAMIAN J. TROISE and ALEX VEIGA
AP Business Writers
NEW YORK (AP) — U.S. stock indexes are drifting on Wednesday, as more gains for big tech companies help make up for weakness elsewhere across Wall Street.
The S&P 500 was 0.1% higher, as of 1:30 p.m. Eastern time, after swinging between an earlier gain of 0.8% and a loss of 0.3%. Treasury yields and oil prices were also holding relatively steady. But caution still hung over markets, as gold nudged toward its highest price since 2011.
The up-and-down trading was reminiscent of the market's moves over the last month, where Wall Street has largely churned in place. Optimism is rising about a reopening economy, but worsening coronavirus infection levels across much of the U.S. South and West threaten to derail the buddin