US stocks back in retreat mode

US stocks were back in retreat mode on Wednesday, as markets resist a push higher to their all-time highs.

Six minutes into trade, the Dow Jones Industrial Average was 61.89 points (0.44 per cent) lower at 13,917.41.

The S&P 500 index dropped 5.91 (0.39 per cent) to 1505.38, while the tech-rich Nasdaq Composite dropped 10.6 points (0.33) to 3160.98

Wednesday's trading showed the market continues to trade erratically. Recent trading has seen large double or triple-digit moves alternate in the Dow Jones index since the index breached 14,000 last Friday.

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