(AP) — Most stocks are falling on Wall Street Thursday after a disappointing report said inflation was worse last month at the U.S. wholesale level than economists expected.

Three out of every four stocks in the S&P 500 index dropped, though gains for some influential Big Tech companies helped mask the losses. The index at the heart of many 401(k) accounts edged down by 0.1% from its all-time high set the day before.

The Dow Jones Industrial Average was down 79 points, or 0.2%, as of 10:20 a.m. Eastern time, while the Nasdaq composite was shaving less than 0.1% off its record set the day before.

The discouraging inflation report said that prices at the U.S. wholesale level jumped 3.3% last month from a year earlier. That was well above the 2.5% rate that economists had forecast, and it

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