Stocks give up day's gains, trade at session lows in midafternoon action
The stock market traded at session lows with about two hours left in regular trade Wednesday afternoon. There appeared to be no direct catalyst for the late-session pullback from intraday peaks but declines in the S&P 500 index's energy sector, down by 1.1%, and a sharp slump in aeronautics and defense contractor Boeing Co. BA, -1.50% were among the factors offsetting some of the buying optimism that had helped to push shares up at the start of the day's action.
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