Dow Jones slides 65 points as U.S. stocks remain divided

NEW YORK, New York - U.S. stocks on Thursday were a mirror of the previous day when the Dow Jones fell, while the Standard and Poor's 500 and Nasdaq Composite cruised to new record highs.

So it went Thursday with the market digesting Wednesday's main news: inflation edging down while the chance of interest rate cuts for the remainder of 2024 diminished.

"We can eliminate the possibility of an interest rate