Stocks drift on Wall Street following latest run at record

NEW YORK (AP) — Wall Street is drifting Friday after a report showed that sales for U.S retailers strengthened again last month, but by less than economists expected.The S&P 500 was little changed in late morning trading, as the market takes a pause after nearly erasing the last of the steep losses caused by the coronavirus pandemic. In each of the last two days, the index made a brief run above its record closing high, which was set in February, only to fade in