Stocks Closed Mostly Lower, Nasdaq Ended Higher

U.S.stocks closed mostly lower on Wednesday, with S&P 500 and the Dow closed lower for a second session in a row, but the Nasdaq bucked the trend to rise as large-cap tech stocks gained. The Dow Jones Industrial Average fell 57.11 points, or 0.27%, to 21,4110.03. The S&P 500 shed 1.42 points or 0.06%, to 2,435.61. The Nasdaq Composite rose 45.92 points, or 0.74%, to 6,233.95.

Oil prices fell to their lowest finish in more than 10 months after U.S. government data revealed a rise in domestic crude production, intensifying concerns over the glut of global supplies even as domestic stockpiles fell for a second straight week.August West Texas Intermediate crude shed 98 cents, or 2.3%, to settle at $42.53 a barrel.Brent futures for August lost $1.20, or 2.6%, to $44.82 a barrel.