Stock market today: Stocks tread water with Dow poised for another bid for 40,000

U.S. stocks showed little change as the Dow Jones Industrial Average remained steady, close to the 40,000 mark, while the S&P 500 and Nasdaq Composite each ticked up by 0.1%. Investors are focused on Federal Reserve officials' speeches for hints on future rate cuts amidst ongoing inflation concerns.

Reddit's shares surged by 15% following a significant partnership with OpenAI, which will integrate Reddit's extensive forum content into ChatGPT. Conversely, GameStop's shares plummeted over 20% as the company anticipated lower sales due to a shift towards online shopping, reflecting a reversal from its earlier rally.