Wall St. down on flight from techs; move to value limits loss on Dow, S&P 500

The Dow Jones Industrial Average fell 32.23 points, or 0.13%, to 24,101.55, the S&P 500 lost 15.09 points, or 0.52%, to 2,863.39 and the Nasdaq Composite dropped 122.43 points, or 1.4%, to 8,607.73. Of the 11 major sectors in the S&P 500, seven closed in the black, led by energy.

NEW YORK: Wall Street's major indexes lost ground on Tuesday as investors moved out of market-leading growth stocks, though a rotation into cyclical value stocks indicated hopes of economic revival as states began to relax restrictions enacted to fight the deadly COVID-19 pandemic.

While technology stocks pulled all three major U.S. stock indexes into the red, they all remained within 20% of their February all-time highs.