Stocks fall Wednesday, led by tech decline: Live updates

Stocks fell on Wednesday, primarily due to declines in the tech sector, affecting the Dow Jones Industrial Average and the S&P 500, potentially ending their recent winning streaks. Notably, Uber's shares dropped 8.5% following a surprising net loss and lower-than-expected bookings revenue. Additionally, Intel's shares declined over 2% after revising its revenue guidance downward in response to a U.S. Commerce Department notice.

The Nasdaq Composite also saw a pullback of 0.4%. Among other premarket movers, DoubleVerify's shares plummeted 38% after the company reduced its revenue and EBITDA forecasts for the quarter and the full year. On a more positive note, Lyft's shares rose 5% after reporting faster-than-expected growth in its first-quarter results. Meanwhile, European markets experienced slight gains in early trading.