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U.S. Stocks Giving Back Ground Following Yesterday's Rally

Stocks have moved mostly lower during trading on Wednesday, giving back ground after ending the previous session notably higher. The major averages have all moved to the downside, with the tech-heavy Nasdaq leading the way lower.

Currently, the Nasdaq is down 122.27 points or 1.0 percent at 11,991.52, and the S&P 500 is down 26.92 points or 0.7 percent at 4,137.08. The narrower Dow is posting a relatively modest loss, edging down 80.06 points or 0.2 percent at 34,076.63.

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by RTTNews Staff Writer

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