NEW YORK (AP) — Wall Street is drifting on Friday after a report showed that sales for U.S retailers strengthened again last month, but by less than economists expected. The S&P 500 was little changed in early afternoon trading, as the market takes a pause after nearly erasing the last of the steep losses caused by the coronavirus pandemic. In each of the last two days, the index made a brief run above its record closing high, set in February, only to fade in the afternoon. It’s now 0.3% below the record. More stocks were rising than falling, but the moves were mostly modest.
