Stock Market Today: Drops for Tech Stocks Sap More Momentum From Wall Street’s Rally

Stock Market Today: Drops for Tech Stocks Sap More Momentum From Wall Street’s Rally
People pass the front of the New York Stock Exchange in New York on March 21, 2023. Peter Morgan/AP Photo
The Associated Press
Updated:

NEW YORK—Drops for technology stocks left Wall Street mixed Wednesday and sapped more momentum from its five-week rally.

The S&P 500 fell 23.02, or 0.5 percent, to 4,365.69. It was a third straight pullback for the index after it rallied last week to its highest level in more than a year.