Wall Street Finishes Mixed On Wednesday

The major U.S. markets were unable to hold onto early gains on Wednesday, slumping in the second half of the day to finish mixed.

Profit taking was largely responsible for the late fade, although investors remain spooked about the possibility of an interest rate hike following recent uncooperative inflation data.

The Dow climbed 182.06 points or 0.35 percent to finish at 51,848.90, while the NASDAQ slumped 110.40 points or 0.43 percent to close at 25,476.63 and the S&P 500 slipped 7.24 points or 0.10 percent to end at 7,358.22.