U.S. stocks traded slightly lower toward the end of trading, with the S&P 500 edging lower on Wednesday.

The Dow traded down 0.18% to 38,434.99 while the NASDAQ fell 0.09% to 15,682.38. The S&P 500 also fell, dropping, 0.14% to 5,063.45.

Leading and Lagging Sectors

Consumer staples shares climbed by 0.8% on Wednesday.

In trading on Wednesday, industrials shares fell by 0.9%.

Top Headline

AT&T Inc. (NYSE:T) reported fiscal first-quarter 2024 operating revenues of $30.03 billion, down 0.4% year over year and missing the consensus of $30.54 billion. Adjusted EPS of 55 cents beat the consensus of 54 cents.

AT&T reiterated Wireless service revenue growth in the 3% range, Broadband...