The S&P 500 snapped a four-session winning streak on Wednesday as investors locked in profits from technology stocks, even as the Dow Jones Industrial Average climbed to another record high. Despite the pullback, Polymarket traders continue to expect the benchmark index to rebound at Thursday’s open.
The S&P 500 fell 0.17% to close at 7,723.55, after opening at 7,771.62. The Aug. 6 Polymarket contract implied a 69% probability that the index will open higher on Thursday, although sentiment remained volatile throughout trading.