U.S. stocks closed little changed, with the Standard & Poor’s 500 Index slipping for a second day, as a selloff in airlines offset Federal Reserve meeting minutes that showed officials in no hurry to raise interest rates.

The S&P 500 Index fell 0.1 percent to 2,125.80 at 4 p.m. in New York, after briefly climbing above its all-time high.

Fed officials last month didn’t expect to raise rates at their June meeting even as they concluded that a first-quarter economic slowdown was unlikely to persist, the meeting minutes showed. A “few” members said they anticipated the economy would be ready for a June liftoff.

Source: Bloomberg