A late-day dip left stocks mostly lower on Wall Street Wednesday, giving the S&P 500 its first loss this week.
Losses in financial, health care and other sectors outweighed solid gains by technology stocks, including Apple and Microsoft.
The market’s overall weak showing followed a report showing private U.S. employers eliminated an astonishing 20.2 million jobs last month amid widespread restrictions meant to slow the spread of the coronavirus.
On Wednesday:
The S&P 500 fell 20.02 points, or 0.7%, to 2,848.42.
The Dow Jones Industrial Average sank 218.45 points, or 0.9%, to 23,664.64.
The Nasdaq gained 45.27, or 0.5%, to 8,854.39.
The Russell 2000 index of small company stocks slid 10.50 points, or 0.8%, to 1,263.01.
For the week:
The S&P 500 is up 17.71 points, or 0.6%.
The Dow is down 59.05 points, or 0.2%.
The Nasdaq is up 249.44 points, or 2.9%
The Russell 2000 is up 2.53 points, or 0.2%.
For the year:
The S&P 500 is down 382.36 points, or 11.8%.
The Dow is down 4,873.80 points, or 17.1%.
The Nasdaq is down 118.22 points, or 1.3%
The Russell 2000 is down 405.46 points, or 24.3%.