U.S. stock markets experienced a slight decline on Thursday as the market reacted to a mixed bag of earnings reports from major companies, including Morgan Stanley and UnitedHealth Group.

The S&P 500 index fell by 0.2%, despite a greater number of stocks advancing than declining within its ranks. The Dow Jones Industrial Average also dipped by 0.2%, while the Nasdaq composite saw a larger decrease of 0.9%.

Prior to this, stocks had surged following a positive inflation report that raised hopes for additional interest rate cuts from the Federal Reserve. In the bond market, Treasury yields softened amid varied economic reports from the U.S.

On Thursday, the specifics were as follows: the S&P 500 lost 12.57 points, settling at 5,937.34; the Dow Jones Industrial Average decreased by 68.42 points to reach 43,153.13; and the Nasdaq composite dropped 172.94 points, landing at 19,338.29. Conversely, the Russell 2000 index, which tracks smaller companies, gained 3.50 points, finishing at 2,266.79.

Looking at the week overall, the S&P 500 has increased by 110.30 points, or 1.9%. The Dow has enjoyed a larger gain, rising 1,214.68 points, which represents an increase of 2.9%. The Nasdaq has climbed 176.66 points, or 0.9%, while the Russell 2000 index has experienced the most significant rise of 77.56 points, equivalent to 3.5%.

In terms of year-to-date performance, the S&P 500 has moved up by 55.71 points for an overall increase of 0.9%. The Dow has seen a rise of 608.91 points, marking a 1.4% uptick. The Nasdaq’s increase has been modest at 27.50 points, or 0.1%, while the Russell 2000 index has risen 36.63 points, reflecting an increase of 1.6%.