Mixed Close for US Stocks as Tech Sector Leads Gains
U.S. stocks closed mixed on Wednesday, with some sectors rising while others declined.
The Dow Jones Industrial Average fell 0.86% to hit a new three-month low, dragged down by losses in Healthcare, Financials, and Industrials.
However, gains in Technology, Oil & Gas, and Telecoms helped push the S&P 500 index up 0.24%, while the NASDAQ Composite climbed 0.24%.
Salesforce Inc led the Dow Jones Industrial Average higher with a 1.89% gain, followed closely by Apple Inc and Amazon.com Inc.