NEW YORK—Wall Street edged lower Wednesday following a rally that had sent it roaring 16 percent higher for the year so far.
The S&P 500 fell 8.77 points, or 0.2 percent, to 4,446.82 to drift lower from its highest level since April 2022. The Dow Jones Industrial Average dropped 129.83, or 0.4 percent, to 34,288.64, and the Nasdaq composite lost 25.12, or 0.2 percent, to 13,791.65.