The S&P 500 lost 27 points, or 0.57%, to end at 4,742.83 points, while the Nasdaq lost 245.41 points, or 1.63%, to 14,765.94. The Dow rose 25.5 points, or 0.07%, to 37,715.04. — Reuters
NEW YORK: The S&P 500 and Nasdaq Composite closed the first trading session of 2024 lower, weighed by a fall in Apple shares after a broker downgrade and declines among other big-tech names triggered by a move higher by Treasury yields.
The lacklustre session follows a year where Wall Street's three major indexes notched double-digit gains on the back of optimism around artificial intelligence and stabilising inflation. The S&P 500 ended last week within 1% of a record closing high reached in early 2022.
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