After failing to sustain an initial move to the upside, stocks have turned lower over the course of morning trading on Wednesday. The major averages have pulled back well off their highs of the session and into negative territory.
Currently, the major averages are posting modest losses. The Dow is down 53.66 points or 0.2 percent at 33,075.93, the Nasdaq is down 36.80 points or 0.3 percent at 11,455.50 and the S&P 500 is down 11.57 points or 0.3 percent at 3,985.77.
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