The Nasdaq Composite was trying to avoid a historic blown gain on Tuesday.
The tech-heavy index was up just 0.2% after rising 4.57% earlier in the day. The index hasn’t closed lower after trading that high intraday since Oct. 26, 1982, when it rose 10% but closed down, according to Dow Jones Market Data.
The S&P 500 was up just 0.3% after trading up 4.05%. A down day would make for the index’s biggest blown gain since Oct. 14, 2008, according to Dow Jones Market Data.
The Dow was up 250 points, or 0.7%. It traded up as much as 1,461 points.