The S&P 500 barely budged on Wednesday as much of the stock market stalled with the index in striking distance of a record.

The market benchmark fell a near-zero amount, based on preliminary data. The S&P again finished within 1% of its record close and with its smallest one-day move since Jan.10, 2017, according to Dow Jones Market Data.

The Dow Jones Industrial Average fell 106 points, or 0.2%. The Nasdaq Composite rose for a third day in a row with a gain of 0.3%.