Dow gives up early Thursday gain as tech rebound fades in choppy trade on Wall Street
U.S. stock benchmarks relinquished early gains Thursday, in a turbulent session punctuated by the Dow and S&P 500 swinging between small gains and losses, as investors attempted to assess the next phase of the COVID-19 recovery.
Technology shares also looked to extend Wednesdays bounceback after the Nasdaq fell into correction on Tuesday, retreating from record highs seen just last week.
What are major benchmarks doing?
The Dow Jones Industrial Average
(DJIA) fell 117 points, or 0.4%, at 27,827 but had been up by as many as 234 points and down by as many around 125 points. The S&P 500 (SPX) shed 13 points, or 0.4%, to about 3,386, after touching an intraday high at 3,425.55. The Nasdaq Composite Index (COMP) was up 3 points, or less than 0.1%, at around 11,137, after hitting an intraday high at 11,299.53.
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https://www.msn.com/en-us/money/markets/dow-gives-up-early-thursday-gain-as-tech-rebound-fades-in-choppy-trade-on-wall-street/ar-BB18TrTI?li=BBnbfcN&ocid=DELLDHP