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U.S. markets pushed new record highs on Wednesday’s open with selling pressure and sector rotation hitting shortly afterwards. The mixed finish was slightly bearish with the Nasdaq tumbling 1.3% while holding shaky support at the 6,800 level. The S&P 500 traded to an all-time peak just south of 2,635 before slipping a point, or 0.04%, while easily holding the 2,600 level on the pullback.
he Dow was up 0.4% after kissing a lifetime peak of 23,959 while holding positive territory throughout the session. The Russell 2000 followed suit after tapping a record high of 1,547 and also gaining 0.4%.
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