Oil prices fell by more than 2% to a three-week low
The energy sector's 1.31 percent fall made it the worst performer among the major S&P 500 sectors
US consumer spending recorded its biggest increase in 4 months in April,monthly inflation rebounded
Investors to cash in on their gains ahead of long weekend due to Monday's Memorial Day holiday
Investors are also awaiting more details regarding the Fed trimming its $4.5 trillion balance sheet
Donald Trump is set to propose a raft of politically sensitive cuts
Dow Jones Industrial Average rose 74.81 points, or 0.36%
Dow Jones industrial average was up 34.11 points, or 0.17%, at 20,697
Wal-Mart was up 2.6% at $77.09 after big-box retailer's quarterly earnings beat expectations
Disappointing US economic data also weighed on markets
This soothed some nerves following a massive cyber attack in more than 150 countries
Ten of the 11 major S&P 500 sectors were lower
Dow Jones industrial average lost ground, while the Nasdaq closed at a record high
Disney fell 2.5% and was the top drag on the Dow and the S&P 500
REUTERS - The S&P 500 and the Nasdaq composite hit all-time highs before paring gains as investors looked for fresh catalysts following centrist Emmanuel Macron's widely expected victory in the French presidential election.
All of the 11 major S&P 500 sectors were higher, led by a 0.52 percent gain in utilities
Bourses flinched in both Asia and Europe and Wall Street saw a subdued start
Lawmakers to vote on Republican healthcare bill to repeal and replace most portions of Obamacare
Apple dropped nearly 2% to $144.75 after it forecast current-quarter revenue below estimates
Few people at the event in Beverly Hilton Hotel appeared to take comment seriously