Stock market today: Wall Street drifts following more strong economic reports

Wall Street is drifting after reports showed the U.S. economy continues to storm ahead despite much higher interest rates that have already lashed the stock market. The S&P 500 was off 0.2% early Thursday, coming off an eighth drop in 10 days that dragged it to its lowest close since May. The Dow edged down 21 points, and the Nasdaq composite slipped 0.1%. The bond market has been at the center of sharp moves for financial markets around the world, and Treasury yields were swinging following a deluge of economic reports. Hasbro sank after cutting its profit outlook.