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The Dow Jones Industrial Average dropped 293 points, or 0.7%, after likewise setting a record the day before, while the Nasdaq composite edged up by less than 0.1%.Treasury yields ticked higher in the bond market after sinking the prior day on a surprisingly weak update on confidence among U.

U.S. stock indexes are drifting around their records as hopes hold that the economy can pull off the feat of getting painfully high inflation under control without a recession. The