Dow Jones drops 81 points as Wall Street takes a breather

NEW YORK, New York - U.S. stocks retreated Wednesday amidst confusion over the direction the Federal Reserve will take on interest rates. Treasury yields continued to decline.

"The market is starting to set up for the Fed moving to the sidelines, and we may get a soft landing," Anthony Saglimbene, chief market strategist at Ameriprise told CNBC Wednesday.

He was not alone in his thinking.

"Everyone