Wall Street shares dropped on Wednesday, with a tech selloff extending into a second day, while a key meeting of central bankers later this week remained in focus for currency and rates traders.

Jim Cramer, the popular host of the CNBC shows "Mad Money" and "Squawk on the Street," is well-known for dropping his hot take on the trending stocks. Whether it's the manufacturing sector or the technology sector, nothing escapes his close scrutiny.

Wall Street remained unsteady, following a tech decline with modest changes across major indexes. Target's leadership changes and weak sales impacted its stocks, while Lowe's outperformed expectations.

XPeng stock rose after the Chinese electric-vehicle maker delivered 103,181 cars in the second quarter, up 242% year over year.

Penny stock selloffs fuel concerns over pump-and-dump scams. Google agrees to $36 million fine over anti-competitive deals with Australian telcos. Air Canada cabin crew defy back-to-work.

Wall Street's main indexes closed roughly flat on Monday, after struggling for direction while investors awaited a raft of corporate earnings reports from major retailers for more signs about the state of the economy and the Federal Reserve's annual symposium in Jackson Hole.

Investors are tracking talks aimed at ending the Russia-Ukraine war and awaiting Federal Reserve Chair Jerome Powell's speech at Jackson Hole at the end of the week.