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U.S. stocks trade lightly, with the three major indices remaining stable
ChainCatcher News, according to Jin10 reports, U.S. stocks traded lightly in the early Wednesday session, with the S&P 500 index remaining near its all-time high. The market is analyzing labor market data for more clues about the Federal Reserve’s interest rate path. The Nasdaq 100 index and the Dow Jones Industrial Average both showed little change. Sevens Report founder Tom Essaye stated that as the year-end approaches, investors are pricing in a soft landing for the economy with confidence, and the stock market still has room to rise.