Stock market edges lower

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Markets started the week bumpily, with futures for the S&P 500 and the Dow Jones Industrial Average edging 0.1% lower, the Associated Press reports.

On Friday, the S&P 500 edged down by 0.1% from its all-time high to 5,738.17. The Dow Jones Industrial Average rose 0.3% to 42,313.00, setting its own record, while the Nasdaq composite slipped 0.4% to 18,119.59.

Treasury yields eased in the bond market after a report showed inflation slowed in August by a bit more than economists expected. It echoed similar numbers from earlier in the month about inflation, but Friday’s report has resonance because it’s the measure that officials at the Federal Reserve prefer to use.

In other dealings, oil prices rose, with benchmark U.S. crude oil adding 49 cents to $68.67 per barrel and brent crude, the international standard, rising 61 cents at $72.15 per barrel.

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The dollar was trading at 142.38 yen, up from 142.29 yen.

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