Stocks showed a notable move to the downside in morning trading on Wednesday but staged a significant recovery attempt in afternoon trading. The major averages bounced well off their lows of the session, with the S&P 500 managing to close in positive territory.
The major averages finished the day narrowly mixed. While the S&P 500 inched up 3.94 points or 0.1 percent to 4,475.01, the Dow dipped 54.57 points or 0.2 percent to 34,934.27 and the Nasdaq edged down 15.66 points or 0.1 percent to 14,124.10.
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