US Equities Decline Amid Sector-Wide Losses
US equities closed lower on Wednesday due to losses in key sectors.
The Dow Jones Industrial Average led the decline, dropping 1.21% to a new three-month low.
Despite some gains from stocks like Honeywell International Inc. and NVIDIA Corporation, the sector was weighed down by significant declines from companies such as International Business Machines and Goldman Sachs Group Inc.