MarketPR
US equity indexes closed mixed on Tuesday as weakness in semiconductor stocks offset gains elsewhere, following a batch of quarterly results from major banks that failed to lift broader risk sentiment.
The Nasdaq Composite fell 0.1% to 27,225.9, and the Dow Jones Industrial Average slipped 0.2% to 51,736.4. The S&P 500 rose 0.1% to 7,811.2, recovering from earlier losses in the session.
Technology names drove the decline among large-cap stocks. According to data compiled by Finviz, six of the bottom 10 stocks with market capitalizations exceeding $200 billion were technology firms.
Micron Technology (MU) fell 5%, becoming one of the worst performers in the mega-cap category.
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