The U.S. stock market drifted through a quiet day of trading after a report said inflation last month was a touch worse than economists expected. The S&P 500 edged down by less than 0.1% Wednesday and remains near its all-time high set earlier this month. The Dow Jones Industrial Average dipped 0.2%, and the Nasdaq composite slipped 0.1%. Treasury yields ticked higher following the update on inflation, which has traders still mostly betting the Federal Reserve will hike the federal funds rate by the end of this year. Oil prices slipped following some more swings up and down throughout the day.