NEW YORK (AP) — Wall Street is edging back from its records on Tuesday following a mixed start to the latest profit reporting season for big U.S. companies. An update on inflation is meanwhile offering little momentum, either upward or downward, after coming in close to expectations.

The S&P 500 slipped 0.3% after drifting earlier between small gains and losses. The Dow Jones Industrial Average was down 244 points, or 0.5%, as of 10:45 a.m. Eastern time, and the Nasdaq composite was 0.4% lower. Both the S&P 500 and Dow are coming off all-time highs.

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