Stocks Closed Lower, Led by Tech
- Wednesday, March 28, 2018, 16:27
- Stock Market
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U.S. stocks closed lower on Wednesday, as continued weakness in the technology sector weighed on the main indexes. The Dow Jones Industrial Average fell 9.29 points, or 0.04%, to 23,848.42. The S&P 500 slipped 7.62 points, or 0.29% to 2,605.00. The Nasdaq Composite declined 59.58 points, or 0.85%, to 6,949.23.
Oil prices finished lower on Wednesday, failing at a brief attempt to turn higher in the wake of the latest weekly U.S. report on petroleum supplies. May West Texas Intermediate crude shed 87 cents, or 1.3%, to settle at $64.38 a barrel. May Brent crude fell 58 cents, or 0.8%, to $69.53 a barrel.
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