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Drops for tech stocks sap more momentum from Wall Street’s rally

Por: Los Angeles Times Business June 22, 2023

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Drops for technology stocks left Wall Street mixed Wednesday and sapped more momentum from its five-week rally. The Standard & Poor's 500 fell 23.02 points, or 0.5%, to 4,365.69. It was a third straight pullback for the index after it rallied last week to its highest level in more than a year. Weakness for high-growth stocks hit the Nasdaq composite in particular, and it lost 165.09 points, or 1.2%, to close at 13,502.20. Still, roughly as... + full article



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