Stocks wavered on Wednesday as the market struggled to recover from its worst day of the year. Traders also braced for the Federal Reserve's latest meeting minutes and more insight on the central bank's future hiking agenda.
The Dow Jones Industrials was in the green 42.73 points to 33,172.32,
The S&P 500 poked ahead 2.6 points to 3,999.94.
The NASDAQ Composite inched up 9.81 to 11,502.11.
Walmart and Cisco Systems drove the losses on the Dow, falling more than 1% each. Shares of Palo Alto Networks popped 11.2% after the cybersecurity company lifted its earnings forecast for the year. Crypto exchange platform Coinbase topped revenue expectations, but shares fell 2%.
The Fed minutes are due at 2 p.m. ET. Investors will scour the results for insight into the central bank's future rate hiking path and its recent 25-basis-point increase.
Prices for the 10-year Treasury gained, lowering yields to 3.91% from Tuesday's 3.96%. Treasury prices and yields move in opposite directions.
Oil prices demurred $1.78 to $74.58 U.S. a barrel.
Gold prices notched higher 40 cents to $1,842.90 U.S. an ounce.