Stocks were lower Wednesday afternoon, led by big declines in shares of technology companies, as investors digested a flurry of earnings reports that came out after yesterday's closing bell.

The S&P 500 and the Nasdaq edged lower on Wednesday, weighed by a decline in technology stocks, while investors focused on the Federal Reserve's next move following an in-line inflation reading. A Commerce Department report showed the Personal Consumption Expenditure index,

S&P 500 futures are down 0.2%. Dow Jones Industrial Average futures are dipping 0.1%. Nasdaq 100 futures are slipping 0.4%. On Tuesday, the Dow Jones Industrial Average rose 124 points, or 0.28%, to 44,

Stocks were mixed to start the day on Wednesday, but Treasury bonds were rallying ahead with the Federal Reserve’s preferred inflation gauge on tap. The Dow Jones Industrial Average was up 48 points,

The stock market kept up its record-setting ways as Wall Street awaited the latest report on the Federal Reserve’s preferred inflation gauge. The Dow Jones Industrial Average was up 124 points, or 0.3%.