After a quiet start to the day, the Dow joined the other major indexes in negative territory around noon ET.
The Dow was down 65 points, or 0.2%, after rising earlier in the session. The S&P 500 was down 0.8%. The Nasdaq Composite slid 1.6%. All three indexes had a three-day winning streak heading into Wednesday’s session.
Technology stocks were leading the declines in the S&P 500, followed by consumer discretionary and communication services. But now nearly half of the stocks in the index were down on the day.
The Invesco S&P 500 Equal Weight ETF, a proxy for market breadth since it counts every S&P stock the same, was down 0.1%.
