S&P 500, Nasdaq end down in holiday-thin trade


The S&P 500 lost 9.50 points, or 0.14%, to close at 6,896.24 points, the Nasdaq lost 55.27 points, or 0.23%, to 23,419.08, and the Dow fell 94.87 points, or 0.20%, to 48,367.06 points.

NEW YORK: The S&P 500 and the Nasdaq closed fractionally lower in choppy trading on Tuesday, as gains in communication services stocks were offset by declines in technology and financial stocks, with financials also weighing on the Dow.

Communication services shares were among the biggest gainers on the S&P 500, fueled by a 1.1% rise in Meta Platforms. The technology company said it would acquire Chinese-founded artificial intelligence ‌startup Manus, accelerating efforts to integrate advanced AI across its platforms such as Facebook and Instagram.

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