Stocks gave back nearly all of their earlier gains on Tuesday as a decline in tech shares offset some of the enthusiasm around the prospect of states reopening the U.S. economy.
The Dow Jones Industrial Average was up just 20points, or 0.1%, after rallying 378 points to start the session. The 30-stock average was briefly down 100 points. The S&P 500 traded flat while the Nasdaq Composite slid 0.7%.
Facebook and Alphabet both traded at least 1% lower. Amazon slid 2.1% while Netflix pulled back 3.5%. Apple shares traded 0.5% lower.
Stocks were also under pressure as oil prices seesawed in another volatile session. The June contract for West Texas Intermediate was down more than 1% at $12.63 per barrel after trading slightly higher earlier on Tuesday. To be sure, WTI briefly fell more than 20%.
Source: CNBC