There go the Dow’s gains.
The blue-chip index was down 135 points, or 0.3%, in Wednesday afternoon trading after rising for most of the morning. The S&P 500 was still up 0.2%, but fewer than half of its stocks were still posting gains. The Nasdaq Composite was up 0.6%.
The Dow was being dragged down by declines among key stocks such as Amgen and UnitedHealth. Its top stock of the day, Nvidia, has less pull because the stock price is only about $132.