Following Wall Street’s record-breaking day, stocks saw a modest decline on Wednesday.
Both the Nasdaq Composite and the S&P 500 fell 0.2%. 174 points, or 0.4%, were taken off the Dow Jones Industrial Average.
The two companies that saw the biggest drops in the Dow, Home Depot and Sherwin-Williams, each fell more than 1%.
With losses of about 1%, the materials sector of the S&P 500 had the worst performance.
Despite ongoing concerns about President Donald Trump’s trade policy and sticky inflation, the S&P 500 rose to an all-time high on Tuesday.
The benchmark closed at a record close of 6,129.58, having reached an intraday high of 6,129.63.
Source (CNBC)
