U.S. stocks trade at session lows -- Nasdaq, S&P 500 turn negative -- as financials and tech face intraday swoon
The Dow Jones Industrial Average gave up a more than 300-point gain as financial and technology shares came under pressure late-morning Tuesday. The Nasdaq Composite Index , was trading 0.3% lower at 6,805, with losses in the technology and internet-heavy index weighing on the broader market. The S&P 500 index was less than 0.1% lower at 2,548, while the Dow was clinging to a 57-point, or 0.3%, to reach 23,583, after the blue-chip gauge had been trading as many as 333 points higher earlier in the session. All three equity benchmarks had been higher as Wall Street drew some optimism from two-day talks between the U.S. and China to resolve a protracted dispute on tariffs, which has served as a drag in market sentiment. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.