Stocks faded in the last hour of trading and closed mostly lower on Wednesday, a day after the S&P 500 and the Dow Jones Industrial Average set their latest all-time highs.
The S&P 500 and the Dow Jones Industrial Average fell. The Nasdaq ended little changed. Several large technology companies posted strong earnings, led by Microsoft, which reported an increase in earnings last quarter as its cloud computing business advanced.
On Wednesday:
The S&P 500 fell 23.11 points, or 0.5%, to 4,551.68.
The Dow Jones industrial average fell 266.19 points, or 0.7%, to 35,490.69.
The Nasdaq rose 0.12 points, or less than 0.1%, to 15,235.84.
The Russell 2000 Index of smaller companies fell 43.58 points, or 1.9%, to 2,252.49.
For the week:
The S&P 500 is up 6.78 points or 0.1%.
The Dow Jones is down 186.33 points or 0.5%.
The Nasdaq is up 145.64 points or 1%.
The Russell 2000 is down 38.78 points, or 1.7%
For the year:
The S&P 500 is up 795.61 points, or 21.2%.
The Dow is up 4,884.21 points, up 16%.
The Nasdaq was up 2,347.56 points, or 18.2%.
The Russell 2000 is up 277.64 points, or 14.1%.
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