The S&P 500 rose slightly in volatile trading Wednesday as traders grappled with the economy reopening and a big drop in tech shares.
The broader-market index was up 0.3% after briefly trading lower earlier in the session. That recovery put the S&P 500 back on track to close above its 200-day moving average — a key level watched by traders — and over the 3,000 mark for the first time since March.
The Dow Jones Industrial Average traded higher by 281 points, or 1.1%, but was well off its session high. The Nasdaq Composite dropped 0.8% as Facebook, Amazon, Apple, Netflix and Google-parent Alphabet all slid at least 0.3%.