Slumping technology stocks left the S&P 500 slightly lower on Wall Street Tuesday, even as the Dow Jones Industrial Average of 30 blue-chip companies marked another record high.
The tech-heavy Nasdaq fell. Microsoft, Apple, and major chipmakers like Nvidia sank, even as banks and other sectors rose. Bond yields continued to climb.
The S&P 500 fell 3.02 points, or 0.1%, to 4,793.54.
The Dow Jones Industrial Average rose 214.59 points, or 0.6%, to 36,799.65.
The Nasdaq fell 210.08 points, or 1.3%, to 15,622.72.
The Russell 2000 index of smaller companies fell 3.68 points, or 0.2%, to 2,268.87.
For the week:
The S&P 500 is up 27.36 points, or 0.6%.
The Dow is up 461.35 points, or 1.3%.
The Nasdaq is down 22.25 points, or 0.1%.
The Russell 2000 is up 23.56 points, or 1%.