The U.S. stock market slipped under the weight of sinking technology stocks.
The S&P 500 dipped 0.5% Wednesday, its fifth drop in the last six days. The Dow Jones Industrial Average added 0.5%, and the Nasdaq composite fell 1.5%.
Most stocks within the S&P 500 rose, but the index sank as Advanced Micro Devices and other influential tech stocks fell. AMD dropped even though the chip company reported a stronger profit for the latest quarter than analysts expected.
Gold and silver prices pared gains from earlier in the day, while Treasury yields held relatively steady.
On Wednesday:
The S&P 500 fell 35.09 points, or 0.5%, to 6,882.72.
The Dow Jones Industrial Average rose 260.31 points, or 0.5%, to 49,501.30.
The Nasdaq composite fell 350.61 points, or 1.5%, to 22,904.58.