Stocks

Stock market live Wednesday: Stocks roll over, Grantham dumping stocks, big tech stays green – CNBC

New York Stock Exchange (NYSE) building is seen with the Fearless Girl Statue during Covid-19 pandemic in Lower Manhattan, New York City, United States on May 26, 2020.

Tayfun Coskun | Anadolu Agency | Getty Images

Stocks fluctuated between losses and gains in the volatile session as investors continued to monitor the coronavirus developments and the progress of the economic recovery. The Dow and S&P 500 ended in the red. Big tech stocks provided some support to the broader market, while classic reopening plays such as cruise lines and airlines were lower. 

4:22 pm: Wednesday’s market moves by the numbers 

  • Declining stocks outpaced advancing stocks 1,979 to 972 on the NYSE
  • Declining stocks outpaced advancing stocks 2,073 to 1,268 on the Nasdaq
  • Nasdaq closed up 0.15% for its eight positive day in 9
  • Nasdaq is up 10.45% this year
  • S&P 500 closed down 0.36% for its first negative day in 4
  • S&P 500 is down 3.63% this year
  • Dow closed down 0.65% for its first negative day in 4
  • Dow is down 8.48% this year
  • Russell 2,000 small caps closed down 1.77% for their 1st negative day in 4
  • Sectors: 8 out of 11 sectors were negative Wednesday led by Energy down 3.29% — Francolla 

4:01 pm: Stocks slip at end of trading day, Dow down 150 points

Stocks slipped into the close on Wednesday after trading most of the day around the flatline. The Dow Jones Industrial Average fell 170 points, or 0.65%, to end the
Source…