Stocks gave up an early gain and wound up broadly lower on Wall Street, led by declines in tech heavyweights like Facebook and Apple.
The S&P 500 gave up 0.5% Wednesday, its second loss in a row, while the tech-heavy Nasdaq dropped 2%. Bond yields mostly fell after rising earlier this week and crude oil prices rose 6%.
GameStop had another bumpy ride, losing a third of its value after releasing a disappointing earnings report. The money-losing video game retailer is still up more than sixfold this year after becoming a favorite of online investors who talked the stock up on online message boards.