Sinking technology stocks sent Wall Street lower again, and the S&P 500 fell to its fourth straight loss.
The index dipped 0.6% Wednesday for its longest losing streak since early January. The Dow Jones Industrial Average edged down by 0.1%, and the Nasdaq composite fell 1.1%. Tech stocks slumped after ASML, a Dutch company that’s a major supplier to the semiconductor industry, reported weaker orders than analysts expected. That helped overshadow stronger quarterly profit reports than expected from United Airlines and other big companies. Treasury yields fell following a sharp tumble in oil prices.
On Wednesday:
The S&P 500 fell 29.20 points, or 0.6%, to 5,022.21.
The Dow Jones Industrial Average fell 45.66 points, or 0.1%, to 37,753.31.
The Nasdaq composite fell 181.88 points, or 1.1%, to 15,683.37.
The Russell 2000 index of smaller companies fell 19.53 points, or 1%, to 1,947.95.
ACWF Releases Posters to Publicize Anti
ACWF President Underlines People
Summer Vacation Campaign of Caring for Children Launched
FIRST LOOK! Celine Dion shares a raw behind
10 Women Model Community Workers in Anti
ACWF Mobilizes Women to Contribute to Battle Against Poverty
20 Women Model Medical Workers in Anti
Police confirm Missouri officer fired fatal shot that killed man who allegedly shot another man
China to launch law popularization campaign aimed at rural women
OJ Simpson was chilling with a beer on a couch before Easter, lawyer says
ACWF Donates Masks to Iran, Japan and Republic of Korea