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The major indexes wobbled again as investors turned their focus to earnings and Friday's jobs report.
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The S&P 500 and Nasdaq Composite tumbled to three-week lows after Fitch Ratings cut its rating for U.S. Treasuries.
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The S&P 500 index fell from a 16-month high as bond yields rose and quarterly results from some big companies disappointed investors.
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The S&P 500 Index and other benchmarks posted solid monthly advances as investors waited for more earnings reports and the July jobs report.
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The PCE prices report offered new evidence that inflation is slowing, while a handful of earnings beats from chip companies drove tech stocks higher.
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A late surge in bond yields knocked the major stock indexes off their stride following the release of better-than-expected economic growth numbers.
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Stocks were broadly higher as investors awaited earnings from Microsoft and Alphabet, as well as the Fed decision Wednesday.
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All the major indexes edged higher as investors prepared for some major earnings reports and the next Federal Reserve meeting.
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The Dow industrials posted a gain for the 10th straight session despite earnings disappointments, with optimism over inflation supporting the broader market.
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The S&P 500 and Nasdaq dropped for first time in four sessions after Netflix and Tesla quarterly results stirred investor concerns.
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