NewsMV
Technology shares declined to push the S&P 500 lower Thursday, marking the index's second consecutive session of losses after it recently set an all-time high.
The S&P 500 dropped 36.41 points, or 0.5%, to close at 7,765.36. The Nasdaq composite was hit harder, falling 345.35 points, or 1.3%, to end at 27,193.34.
In contrast, the Dow Jones Industrial Average managed a slight gain of 51.77 points, or 0.1%, to finish at 51,231.64, having moved between positive and negative territory throughout the trading day.
The Russell 2000 index of smaller companies rose 0.92 points, a gain of less than 0.1%, to reach 2,794.13. Volatility extended to the bond market, where yields surged in the morning before retreating in the afternoon.
Keep reading