Stock Market Today: Wall Street Ticks Closer to Record Highs to Cap Its 8th…

NEW YORK—Wall Street capped its eighth straight winning week with a quiet finish Friday, following reports showing inflation on the way down and the economy potentially on the way up. The S&P 500 rose 0.2 percent to sit less than 1 percent below its record set nearly two years ago. The Dow Jones Industrial Average slipped 18 points, or less than 0.1 percent, and the Nasdaq composite edged 0.2 percent higher. Bristol Myers Squibb helped lift the market and rose 2 percent after it said it will buy Karuna Therapeutics in a cash deal valued at a total of $14 billion. That helped offset an 11.8 percent slump for Nike, which cut its…