Wall Street is retreating from its record as a slide for Walmart weighs on U.S. stock indexes Thursday. The S&P 500 was down 0.6% in morning trading after setting all-time highs in each of the last two days.

U.S. equity futures edged modestly lower Wednesday, while Treasury yields and the dollar moved higher, as investors paused a record-setting rally on Wall Street amid renewed tariff and inflation concerns.

The S&P 500 is inching higher as U.S. stock indexes drift through a quiet Wednesday on Wall Street. The S&P 500 was adding 0.3% to the all-time high it set the day before. The Dow Jones Industrial Average was virtually unchanged,