Stocks wavered to a mixed close on Wall Street as losses for several tech giants including Microsoft weighed on the market.
The S&P 500 fell 0.1 percent on Wednesday, even though more stocks rose than fell within the index. The Dow added 0.4 percent, and the Nasdaq composite fell 0.4 percent.
Another decline in oil prices helped ease concerns about inflation. Brent crude dropped 3.8 percent, bringing it closer to where it was before the war with Iran started.
Treasury yields fell in the bond market.
On Wednesday:
The S&P 500 fell 7.24 points, or 0.1 percent, to 7,358.22.
The Dow Jones Industrial Average rose 182.06 points, or 0.4 percent, to 51,848.90.
The Nasdaq composite fell 110.40 points, or 0.4 percent, to 25,476.64.
The Russell 2000 index of smaller companies rose 11.15 points, or 0.4 percent, to 2,986.63.
For the week:
The S&P 500 is down 142.36 points, or 1.9 percent.
The Dow is up 284.20 points, or 0.6 percent.
The Nasdaq is down 1,041.30 points, or 3.9 percent.
The Russell 2000 is up 6.86 points, or 0.2 percent.
For the year:
The S&P 500 is up 512.72 points, or 7.5 percent.
The Dow is up 3,785.61 points, or 7.9 percent.
The Nasdaq is up 2,234.65 points, or 9.6 percent.
The Russell 2000 is up 504.72 points, or 20.3 percent.
The views and opinions expressed are those of the authors. They are meant for general informational purposes only and should not be construed or interpreted as a recommendation or solicitation. The Epoch Times does not provide investment, tax, legal, financial planning, estate planning, or any other personal finance advice. The Epoch Times holds no liability for the accuracy or timeliness of the information provided.
