Stocks open slightly lower; Dow, S&P 500 take breather after 4-day winning streak
Stocks opened slightly lower Wednesday, taking a breather after four straight days of gains for the Dow Jones Industrial Average and S&P 500. The Dow was down around 20 points, or 0.1%, near 34,274, while the S&P 500 lost 0.2% to trade near 4,622. The Nasdaq Composite fell 0.4% to 14,564. The S&P 500 on Wednesday exited correction territory --- defined as a fall of 10% but less than 20% from a recent peak --- as it finished more than 10% above its March 8 correction low.
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