S&P 500 edged up 0.1% Thursday to another all-time high

Gains for several big tech companies helped nudge U.S. indexes to more records even as most stocks in the market fell.

The S&P 500 edged up 0.1% Thursday to another all-time high. The Nasdaq composite gained 0.2%, adding to its record. The Dow Jones Industrial Average fell 0.7%.

Alphabet climbed after the company behind Google and YouTube delivered a fatter profit than analysts expected. Tesla sank on worries about how much damage its brand has taken because of Elon Musk’s foray into politics. Chemical company Dow Inc. tanked after reporting a far bigger loss than expected and cutting its dividend.

The S&P 500 rose 4.44 points, or 0.1%, to 6,363.65.

The Dow Jones Industrial Average fell 316.38 points, or 0.7%, to 44,693.91.

The Nasdaq composite rose 37.94 points, or 0.2%, to 21,057.96.

The Russell 2000 index of smaller companies fell 31 points, or 1.4%, to 2,252.13.