The Nasdaq Composite was trying to avoid a historic blown gain on Tuesday.
The tech-heavy index was down 0.3% after rising 4.57% earlier in the day. The index hasn’t closed lower after trading that high intraday since at least 1982, according to Dow Jones Market Data.
The S&P 500 was down 0.2% after trading up 4.05%. A down day would make for the index’s biggest blown gain since Oct. 14, 2008, according to Dow Jones Market Data.