Higher rates?
The S&P 500 is barely in positive territory at 4705 after touching a record high of 4743 earlier. The tone improved initially after the Powell announcement but rates have continued to press higher than that could be a factor for sellers.
Otherwise, chalk it up to the ebb and flow. Tech is leading the way lower with the Nasdaq down 0.6%.
The S&P 500 candle at the moment isn't a pretty one:
