Stock indexes are mixed as S&P 500 heads for September loss

By DAMIAN J. TROISE and ALEX VEIGA
AP Business Writers

Major stock indexes on Wall Street were mixed in afternoon trading Thursday and headed for steep monthly losses. The S&P 500 fell 0.2% and is on track for a 4% loss in September. It would mark the first monthly loss since January and the worst for the benchmark index since March 2020. The Dow Jones Industrial Average fell 0.7% and the Nasdaq rose 0.5%. Banks, industrial stocks and a mix of companies that provide consumer goods and services posted some of the biggest losses. Bond yields edged lower. The yield on the 10-year Treasury fell to 1.53%.