Losses for several big technology companies pulled the stock market lower.
The S&P 500 fell 0.6 percent Wednesday, weighed down by drops in Nvidia, Apple, Microsoft and Amazon. The Dow Jones Industrial Average fell 0.4 percent. The Dow is coming off two consecutive all-time highs. The Nasdaq composite fell 1.1 percent.
Nordstrom rose after the department store chain easily surpassed Wall Street’s profit expectations. Treasury yields held steady in the bond market.
On Wednesday:
The S&P 500 fell 33.62 points, or 0.6 percent, to 5,592.18.
The Dow Jones Industrial Average fell 159.08 points, or 0.4 percent, to 41,091.42.
The Nasdaq composite fell 198.79 points, or 1.1 percent, to 17,556.03.
The Russell 2000 index of smaller companies fell 14.36 points, or 0.7 percent, to 2,188.64.
For the week:
The S&P 500 is down 42.43 points, or 0.8 percent.
The Dow is down 83.66 points, or 0.2 percent.
The Nasdaq is down 321.77 points, or 1.8 percent.
The Russell 2000 is down 30.07 points, or 1.4 percent.
For the year:
The S&P 500 is up 822.35 points, or 17.2 percent.
The Dow is up 3,401.88 points, or 9 percent.
The Nasdaq is up 2,544.68 points, or 17 percent.
The Russell 2000 is up 161.56 points, or 8 percent.
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