Stocks mixed in another day of erratic trading

Another messy day of trading on Wall Street ended with an uneven finish for the major stock indexes Thursday, after the market reversed most of an early slide in the final hour of trading.

The S&P 500 closed only 0.1% lower after having been down 1.9% earlier in the day. The Dow Jones Industrial Average fell

0.3%, while the Nasdaq rose 0.1%.

The S&P 500 fell 5.10 points to 3,930.08. The Dow dropped 103.81 points to 31,730.30. The Nasdaq rose 6.73 points to 11,370.96. The indexes are all on pace for sharp weekly declines, extending the market’s slump so far this year. The benchmark S&P 500 is now down 17.5% this year, while the Nasdaq is down 27.3%. The Russell 2000 rose 21.24 points, or 1.2%, to 1,739.38.

The yield on the 10-year Treasury fell to 2.87% from 2.92%.

The Labor Department on Thursday reported that wholesale prices soared 11% in April from a year earlier. Health care companies and retailers were among the market’s gainers Thursday. Pfizer rose 2.8% and Home Depot gained 2.4%.