By Lauren Almeida and Lauren Almeida The Wall Street Journal Biography Akane Otani Akane Otani The Wall Street Journal Biography Updated July 18, 2019 3:03 pm ET

U.S. stocks broke into positive territory late Thursday after a Federal Reserve official urged central banks to lower interest rates swiftly on signs of economic weakening.

The Dow Jones Industrial Average rose 3 points, or less than 0.1%, to 27223. The S&P 500 was up 0.3% at a session high and the Nasdaq Composite gained 0.2%.

Stocks drifted lower for

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