Wall Street gives up early gains as Apple weighs

A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., November 12, 2018. REUTERS/Brendan McDermid

(Reuters) – U.S. stocks turned lower on Wednesday as early support from tame consumer prices data and a rebound in oil prices faded, with Apple Inc (AAPL.O) leading a decline in technology stocks.

The Dow Jones Industrial Average .DJI fell 59.3 points, or 0.23 percent, to 25,227.19, the S&P 500 .SPX lost 6.88 points, or 0.25 percent, to 2,715.3 and the Nasdaq Composite .IXIC dropped 30.32 points, or 0.42 percent, to 7,170.56.

Reporting by Sruthi Shankar in Bengaluru; Editing by Shounak Dasgupta

Our Standards:The Thomson Reuters Trust Principles.

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