A late burst of buying erased much of an early slide on Wall Street Tuesday.
The S&P 500 managed a gain of 0.1%. The tech-heavy Nasdaq lost 0.5%, having clawed back most of an early drop of as much as 3.9%. Facebook, Disney, Netflix and other communications stocks helped drive the comeback.
Early drops in Big Tech companies like Apple, Amazon and Microsoft moderated as the day went on. Tesla, which joined the S&P 500 at the end of last year, ended down 2.2% after being down as much as 13.4%. Bond yields held near their highest level in a year.