U.S. stocks finished Wednesday’s session near their lows as the market continued to struggle to break out from a tight range.
The Dow Jones Industrials ended a dipsy-doodle day on the down side, 152.61 points, to 34,447.21.
The S&P 500 skidded 7.67 points to 4,219.59. The S&P 500 is now just 0.15% below its record high of 4,238.04 reached on May 7.
Industrials and financials were the two biggest losers among the 11 S&P 500 sectors, dragging down the broader market.
The NASDAQ dropped 13.16 points to 13,911.75.
Meme stock mania continued Wednesday with day traders focusing their attention on Clean Energy Fuels this time, pushing the stock up more than 31%. Clover Heath, which surged over 85% in the prior session, pulled back 23% Wednesday.
Still, many on Wall Street believe the latest meme stock episode should stay contained to a handful of names, unlike the GameStop trading frenzy … Read the rest