Stock market today: Wall Street holds near record highs in early trading

News Snapshot:

HONG KONG — U.S. stock are drifting around their records, continuing a dayslong run of quiet trading. The S&P 500 was down 0.1% early Wednesday, a day after setting its latest all-time high. The Dow Jones Industrial Average was down 55 points. The Nasdaq composite was up 0.1% following its latest record. Target tumbled after the retailer reported profit that fell short of analysts’ expectations. TJX, the off-price retailer of apparel and home goods, rose after topping profit expectations. The day’s headline profit report will come after trading closes. Analysts expect chipmaker Nvidia to deliver its latest blockbuster quarter of...