The S&P 500 dipped 0.4% and was on track for a fifth straight modest loss since setting an all-time high last week.

The S&P 500 slipped 0.2% and remains near its all-time high set last week. The Dow was up 68 points, or 0.2%, as of 9:35 a.m. ET, and the Nasdaq composite was down 0.4%.

The beauty company dropped 5.8% after a weak profit forecast.

The S&P 500 dipped 0.4% and was on track for a fifth straight modest loss since setting an all-time high last week.

Treasury yields tumbled in the bond market after the release of the text of Powell’s speech.