The iShares Core U.S. Aggregate Bond ETF, which tracks the U.S. investment-grade bond market, was down 0.3%, according to FactSet data, at last check. Among Treasury bond funds, the Vanguard Long-Term Treasury ETF was falling 0.5%, while the iShares 3-7 Year Treasury bond, which targets intermediate-term U.S. Treasury bonds, was down 0.2%.

U.S. stocks are rising toward records as JPMorgan Chase, Wells Fargo and other big financial companies rally following better-than-expected profit reports.

U.S. stocks were pulling back from record territory in the final hour of trade Thursday as investors looked forward to big banks kicking off earnings season in earnest. "Inflation is ebbing lower, but it's going to take some time," said Anthony Saglimbene, chief market strategist at Ameriprise Financial, in a phone interview.

"Waymo is now hosting 100k rides per week in major cities, so we expect more from TSLA's demo," Wells Fargo analyst Colin Langan said.

TOKYO (AP) — Asian shares mostly rose Thursday, as market optimism got a perk from the record highs set on Wall Street. Japan’s benchmark Nikkei 225 edged up 0.4% in morning trading to 39,439.50. Australia’s S&P/ASX 200 rose 0.6% to 8,239.10. South Korea’s Kospi added 0.3% to 2,601.66.

U.S. stocks rose to records as JPMorgan Chase, Wells Fargo and other big financial companies rallied on better-than-expected profit reports. The S&P 500 climbed 0.6% Friday to top its all-time

U.S. stocks are edging down from their records. The S&P 500 slipped 0.3% in early Thursday trading. The Dow Jones Industrial Average was down 65 points after likewise setting an all-time high the day before.

U.S. stocks are hanging near their records following encouraging updates from big banks, though a slide for Tesla is keeping the market in check.