Fl studio asian instruments2/27/2023 ![]() More than three fourths of the companies in the benchmark index fell, with financial, health care and industrial stocks accounting for most of the decline. “After some strong days, markets are taking a breather,” said Kristina Hooper, chief global market strategist at Invesco. Investors were focusing on a mixed batch of earnings from a variety of well-known companies, including Microsoft, General Motors and Coca-Cola. The tech-heavy Nasdaq composite ended essentially flat after an early tech company rally lost steam. Both indexes set all-time highs the day before. The Dow Jones Industrial Average dropped 0.7%. ![]() The S&P 500 fell 0.5% after shedding a modest gain as the selling picked up in the last hour of trading. Banks and health care companies helped pull stocks on Wall Street mostly lower Wednesday, as the market eased back from its latest record highs. ![]()
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