Wednesday’s S&P 500 index futures session saw sellers maintain control for most of the day, though dip-buyers stepped in once again to trim losses and prevent a deeper breakdown.

Overnight trading remained quiet near unchanged, establishing the session high of 6965.75 in the early morning. Volatility and chop surged after the opening bell as bears applied steady pressure, creating a series of lower highs and pushing the index firmly into the red. Support appeared to hold at Tuesday’s low initially, but that level gave way during the lunch hour. The decline slowed after the break, with buyers driving a rally from a low of 6862.50, forming a double-bottom with Monday’s low. 

The recovery continued steadily over the final two hours before stalling just below unchanged. In the closing minutes, sellers delivered a quick ~30-handle swoon. The session ended near the day’s midpoint at 6906.25, down 35.50 handles.

Thursday brings another wave of earnings reports before the open and after the close, including Amazon.com, Inc. (NASDAQ: AMZN) at approximately 4:01 PM ET.

Among top index components, Apple Inc (NASDAQ: AAPL) led as the biggest gainer, rising $7.01 or 2.60% to close at $276.49.

That outperformed the cash index’s 0.48% decline by over three percent. 

Broadcom Inc (NASDAQ: AVGO) was the biggest loser for the second consecutive day, falling $12.28 or 3.83% to close at $308.05 amid broader sector weakness. The stock rallied after hours, however, following Alphabet Inc (NASDAQ: GOOG, GOOGL)’s better-than-expected 2026 capex guidance.