U.S. stocks fell slightly on Wednesday as the market struggled to hold onto its gains from a late rally in the prior session.
The Dow Jones Industrials slipped 134.85 points to 30,832.97.
The S&P 500 fell 17.34 points to 3,814.05.
The NASDAQ Composite faded 43 points to 11,279.24.
Energy stocks were some of the worst performers, as oil prices continued their recent slide. Shares of Chevron and Exxon each fell about 4%.
Investors appeared to be drifting back into defensive stocks on Wednesday. The top performers in the Dow included Procter & Gamble and Walmart, with gains of about 1% each.
The Institute for Supply Management services PMI data came in better than expected, but did show a slight slowdown in growth. Job openings also came in higher than expected, at more than 11 million.
There are no major earnings reports scheduled for Wednesday, but the minutes of the Federal Reserve's June meeting are due for the afternoon.
Treasury prices dropped, bringing yields up to 2.90% from Tuesday's 2.83%. Treasury prices and yields move in opposite directions.
Oil prices slipped $3.28 to $96.22 U.S. a barrel.
Gold prices fell $32.80 to $1,731.10 U.S. an ounce.