NEW YORK (AP) — Stocks recovered most of an early loss and drifted to a mixed finish on Wall Street as gains for banks and industrial companies were offset by losses elsewhere in the market.
Capital One Financial rose 1.7 percent Wednesday, and Boeing climbed 2 percent. UnitedHealth Group fell 4.9 percent.
The market slumped in the early going after a key U.S. trade representative heightened doubt over how much progress was being made in trade talks between the U.S. and China.
The S&P 500 fell 1 point, less than 0.1 percent, to 2,792.
The Dow Jones Industrial Average lost 72 points, or 0.3 percent, to 25,985. The Nasdaq edged up 5 points, or 0.1 percent, to 7,554.
Bond prices fell. The yield on the 10-year Treasury rose to 2.69 percent.