U.S. stock indexes edged lower Wednesday after drops for Eli Lilly and chip companies overshadowed a jump for Google’s parent company. The S&P 500 slipped 0.3% after drifting between small gains and losses several times,

The S&P 500 slipped 0.3 percent after drifting between small gains and losses several times, though it's still near its all-time high set earlier this month. The Dow Jones Industrial Average edged down 0.2 percent, while the Nasdaq composite slipped 0.6 percent from its own record set the day before.