Major U.S. indexes closed lower Wednesday, led by a 0.7% decline in the Nasdaq amid persistent tech sector volatility.
U.S. equities retreated 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 posted a modest loss.
The Nasdaq’s underperformance reflected broader concerns over tech valuations and macroeconomic uncertainty. The S&P 500’s slight decline followed a mixed session, with energy and financials offsetting losses in tech. Year-to-date, the Nasdaq remains volatile but has outperformed other major indexes.
No immediate market reaction was reported post-close, though after-hours movers included BRX, GBX, and CMCO.