Tech-Fueled Slide Keeps Major Indices Hovering After Early Gains

1 min read
Source: Barron's
Tech-Fueled Slide Keeps Major Indices Hovering After Early Gains
Photo: Barron's
TL;DR Summary

U.S. stocks drifted after an early rally faded, with the Dow down about 60 points (0.1%) and the Nasdaq and S&P 500 little changed as software names weighed on the market; the tech sector’s weakness kept a rebound from strengths in AI-related trades from gaining traction, and the tech-focused ETF slid again this week, leaving the market lower for the year.

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