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Stocks' early rally is mostly gone by the closing bell

Stocks' early rally is mostly gone by the closing bell

The Federal Reserve’s latest signals on interest rates gave U.S. stocks a lift for much of Wednesday, but the rally didn’t last.

A sell-off in the final minutes of trading knocked the Dow Jones industrial average and the Standard & Poor’s 500 index slightly into the red. The slide extended a three-day losing streak for the two indexes. The Nasdaq composite carved out a slight gain.

Materials and energy stocks were among the biggest decliners as U.S. crude oil prices declined again.

Investors were mostly focused on Fed Chairwoman Janet L. Yellen’s remarks to Congress.

The Dow fell 99.64 points, or 0.6%, to...

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