Key facts
- The stock market rally paused on Wednesday.
- The S&P 500 erased its earlier gains for the week.
- A lengthy weekly winning streak for the S&P 500 is now in jeopardy.
The powerful stock market rally experienced a pause on Wednesday, following a period of consistent gains. By the close of trading, the S&P 500 had reversed its advances from earlier in the week. This development places the index's potentially historic weekly winning streak in jeopardy.