Volatility in technology stocks led to declines in major U.S. indexes, with the Nasdaq Composite posting the largest loss.
U.S. equities closed lower on Wednesday as ongoing volatility in technology stocks weighed on the Nasdaq Composite, which fell 0.7%. The S&P 500 declined 0.2%, while the Dow Jones Industrial Average saw modest losses.
The Nasdaq’s underperformance reflected broader concerns over tech sector stability, following recent fluctuations. The S&P 500’s slight decline contrasted with its recent gains, while the Dow’s movement remained subdued amid mixed market sentiment.
No immediate market reaction was reported beyond the closing figures.