Market Snapshot: Stock market bounces around as consumer staples, materials lag

An earlier version of this article misstated Robert Pavlik’s company affiliation. He is now chief investment strategist at SlateStone Wealth LLC, not Boston Private Wealth. The error has been corrected.

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Investors are bidding up eBay’s stock on Thursday.

U.S. stock benchmarks struggled for direction Thursday, underlining what may be a new era of emerging volatility on Wall Street as investors weigh concerns about pick up in inflation and rising bond yields against equities that have almost relentlessly risen to records.

What are the main benchmarks doing?

The Dow Jones Industrial Average DJIA, +0.01% were down 31 points, or 0.1%, to 26,117, well off its opening nadir at 26,014, when the average was down by 135 points.

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