NEW YORK (AP) — U.S. stocks and the price of gold fell, as momentum on Wall Street reverses. The S&P 500 sank 0.5% Wednesday, though it’s still not far below the all-time high it set earlier this month. The Dow Jones Industrial Average dropped 0.7%, from its record set the day before, while the Nasdaq composite fell 0.9%. Netflix helped drag the market lower after reporting a profit that fell short of forecasts. Beyond Meat added more crazy swings to its meme-stock run, and the price of gold sank for a second straight day from its record. Stock indexes were mixed across Europe and Asia.

THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below.

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