The US stock market spent Thursday hovering just below all‑time highs, as investors weighed fresh labor-market data, rising Treasury yields and growing confidence that the Federal Reserve will cut interest rates again next week. By late afternoon in New York, the S&P 500 was essentially flat around 6,850, the Dow Jones Industrial Average dipped only a few hundredths of a percent, and the Nasdaq Composite edged slightly higher, according to LSEG data published by Reuters.Reuters+1 Small‑cap shares once again outperformed, with the Russell 2000 gaining around 0.7–1% and trading within striking distance of fresh record highs.Interactive Brokers+2Investors+2 At the same time, the 10‑year US Treasury yield pushed