Wall Street fluctuated, the S&P 500 retreating from a record high reached earlier in the day, amid disappointing earnings from TJX and mixed US economic data.
In 3.03pm trading in New York, the Dow Jones Industrial Average slipped 0.1 per cent. The Nasdaq Composite Index rose 0.2 per cent. In 2.48pm trading, the Standard & Poor's 500 Index fell 0.1 per cent.
Earlier in the session the S&P 500 inched to a record high 2,405.77. The Nasdaq also climbed to an all-time high.
The Dow moved lower as declines in shares of Pfizer and those of UnitedHealth, recently down 2 per cent and 1.9 per cent respectively, outweighed gains in shares of Microsoft and those of IBM, up 1.7 per cent and 1.1 per cent respectively.
Shares of TJX Cos slumped, down 4.2 per cent as of 3.04pm in New York, after the owner of TJ Maxx, Marshalls and Winners stores became the latest US retailer to post quarterly results that fell short of expectations, notably an easing in growth of comparable store sales.