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Markets1 min read
Tech losses drag Nasdaq lower as US indexes swing
The S&P 500 logged a second straight decline, while the Dow finished slightly higher and Brent crude topped $104 per barrel.
Key takeaways
- The Nasdaq fell 1.3%, led lower by technology stocks.
- The S&P 500 fell 0.5% for a second straight loss.
- The Dow rose 0.1% after moving between gains and losses.
- Brent crude topped $104 per barrel amid price swings.
U.S. stock indexes diverged Thursday as technology shares weighed on the Nasdaq. The S&P 500 fell 0.5% for a second straight loss after setting an all-time high, while the Dow edged up 0.1%.
The Nasdaq dropped 345.35 points to 27,193.34. The S&P 500 lost 36.41 points to 7,765.36, and the Dow added 51.77 points to 51,231.64.
The Dow shifted between gains and losses during the day. Bond yields also swung, rising in the morning before falling in the afternoon, while Brent crude topped $104 per barrel.
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Further reading
This article was produced with the help of AI technology. Source: Yahoo Finance
