Going, going….gone.
After starting the day on the front foot, the S&P 500 and Nasdaq Composite both slipped back into negative territory.
The S&P 500 was down 0.12 per cent to 2,782.9. Healthcare, consumer non-cyclicals and financials were at the top of the benchmark index with small gains, while industrials, energy and basic materials sank to the bottom.
The Nasdaq Composite dropped 0.25 per cent to 7,243, according to Factset data.
The Dow Jones Industrial Average still had a toehold in positive territory, but it dropped back below the 26,000 mark it crossed for the first time earlier in the day, leaving it with just an 0.12 per cent gain at 25,836.77.
It was not immediately clear what triggered the sudden sell-off, which comes on the heels of another three-peat of record highs for the major equities indices at the start of trading on Tuesday.
The dollar index was also sliding further into the red, bringing its losses on the day to 0.6 per cent, or 90.432.
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