Stock Indexes Give Back Gains as Chip-Stock Dip Buying Fades (opens original article in a new tab)

US stock indexes reversed gains as tech stock buying slowed, despite factors that could ease Fed rate hike pressure.

• US stock indexes gave back gains as tech stock dip-buying stalled.
• Nasdaq 100 fell 0.5% amid weakness in tech and energy stocks.
• Fed's potential rate hike pressure eased by lower oil prices and weaker housing data.