Stocks fell on Wednesday as Wall Street struggled to snap a three-day losing streak and investors continued to digest inflation-fighting comments from Federal Reserve officials.
The Dow Jones Industrials sifted off 37.13 points to break for lunch at 31,753.74.
The S&P 500 proved 0.55 points better than breakeven at 3,986.71.
The NASDAQ Composite held onto gains of 2.31 points to 11,885.45.
All of the major averages are on track for a lower conclusion to what has been a strong month for stocks. The Dow and S&P 500 are currently on pace to finish the month about 3% lower. The NASDAQ is set to end down about 4%.
Treasury prices lost some spunk, raising yields back to Tuesday’s 3.13%. Treasury prices and yields move in opposite direction.
Oil prices fell $1.28 to $90.36 U.S. a barrel.
Gold prices tumbled $3.70 to $1,732.60 U.S. an ounce.