Nasdaq, S&P 500 close lower weighed by tech stocks

The Dow rose 400.17 points, or 0.91%, to 44,494.94. The S&P 500 lost 6.94 points, or 0.11%, to 6,198.01 and the Nasdaq lost 166.84 points, or 0.82%, to 20,202.89.

NEW YORK: The Nasdaq and the S&P 500 closed lower on Tuesday, dragged down by weakness in large-cap tech stocks, while the Dow ended higher in a volatile day marked by seasonally low liquidity.

Investors navigated a choppy session, between optimism over stimulus and caution around market concentration around a few tech stocks.