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US stocks: Nasdaq, S&P end lower in volatile session as tech stocks retreat

The Nasdaq and S&P 500 closed lower on Wednesday, dragged by tech stocks on nagging concerns about high-flying valuations, but falling crude prices boosted airlines and other travel stocks and the Dow finished higher. Oil prices fell to their lowest since the start of the ‌Iran war as more ⁠tankers ⁠were expected to move out of the Strait of Hormuz. U.S. President Donald Trump said Iran had told Washington that no tolls were being sought. The S&P 500 passenger airlines index rose. Tech …

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Economic TimesLean R·3h ago
US stocks: Nasdaq, S&P end lower in volatile session as tech stocks retreat
The Nasdaq and S&P 500 closed lower on Wednesday, dragged by tech stocks on nagging concerns about high-flying valuations, but falling crude prices boosted airlines and other travel stocks and the Dow finished higher. Oil prices fell to their lowest since the start of the ‌Iran war as more ⁠tankers ⁠were expected to move out of the Strait of Hormuz. U.S. President Donald Trump said Iran had told Washington that no tolls were being sought. The S&P 500 passenger airlines index rose. Tech …
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US stocks: Nasdaq, S&P end lower in volatile session as tech stocks retreat

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