India, May 28 -- After showing a lack of direction throughout much of the session, stocks moved to the downside in the latter part of the trading day on Wednesday.
The major averages all moved lower late in the day partly offsetting the strong gains posted in the previous session.
The Dow declined 244.95 points or 0.6 percent to 42,098.70, the Nasdaq fell 98.23 points or 0.5 percent to 19,100.94 and the S&P 500 slid 32.99 points or 0.6 percent to 5,888.55.
The choppy trading seen for most of the day came as traders seemed reluctant to make significant moves ahead of the release of earnings news from AI darling and market leader Nvidia (NVDA).
Shares of Nvidia, which is scheduled to release its fiscal first quarter results after the clos...