Stocks fell in afternoon trading on Wall Street Thursday as the broader market continued pulling back from a surge earlier in the week.
The S&P 500 fell 0.7% as of 12:10 p.m. Eastern. The benchmark index is still on track for a 4.8% gain this week following its best two-day rally since the spring of 2020.
The Dow Jones Industrial Average fell 219 points, or 0.7%, to 30,053 and the Nasdaq fell 0.5%.
