The S&P 500 and Nasdaq fell Wednesday, a day after notching record highs, as falling energy stocks and mixed corporate earnings did little fuel further gains in the broader market.
The S&P 500 fell 0.22% or 6.60 to 2,927.08 and the Nasdaq Composite lost 0.23% or 18.81 to 8,102.02. The Dow Jones Industrial Average slipped 0.23% or 59.34 to 26,597.05.
Energy stocks led the decline as oil prices came under pressure after the Energy Information Administration reported a larger-than-expected build in weekly U.S. crude inventories.
Communication services stocks also contributed to subdued day on Wall Street, led by a slump in AT&T and weakness in most FANG stocks.
Source : Investing.com