NEW YORK—Stocks fell on Wall Street Wednesday, giving back some of their recent gains as uncertainty about interest rates and inflation continues to reign.
Investors also reviewed another set of mixed earnings reports from big companies. The latest round of financial results and forecasts could help give Wall Street a clearer picture of how inflation is shaping consumer spending and business plans.
The S&P 500 fell 46.14 points, or 1.1 percent, to 4,117.86 and is now on track for weekly losses after a few days of choppy trading. The Dow Jones Industrial Average fell 207.68 points, or 0.6 percent, at 33,949.01. The Nasdaq composite fell 203.27 points, or 1.7 percent, to 11,910.52….