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U.S. Stocks Close Mixed After Early Move To The Upside
Stocks showed a strong move to the upside early in the session on Wednesday but gave back ground over the course of the trading day. The major averages pulled back well off their highs of the session, although the Nasdaq and the S&P 500 managed to close in positive territory.

After surging by as much as 1.3 percent, the tech-heavy Nasdaq ended the day up 48.88 points or 0.3 percent to 19,075.26. The S&P 500 eked out a more modest gain, inching up 0.81 points or less than a tenth of a percent to 5,956.06, while the narrower Dow bucked the uptrend and slid 188.04 points or 0.4 percent to 43,433.12.

The early strength on Wall Street partly reflected bargain hunting following recent weakness, which saw the Nasdaq and the S&P 500 close lower for four […]

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Minor ‘Turnaround Tuesday’ back to the upside.  Street is holding its breath for Nvidia.  That said, we are still in a theoretical negative cyclical period as I’ve repeatedly told you.  Yes, we will come out of it to the upside, but patience!

After moving sharply lower early in the session, stocks regained some ground over the course of the trading day on Tuesday but remained firmly negative. With the continued weakness, the Nasdaq and the S&P 500 closed lower for the fourth straight session.

The Nasdaq plunged 260.54 points or 1.4 percent to a three-month closing low of 19,026.39 and the S&P 500 slid 28.00 points or 0.5 percent to a one-month closing low of 5,955.25, although the narrower Dow bucked the downtrend and climbed 159.95 points or 0.4 percent to 43,621.16.

Significant weakness among technology stocks weighed on Wall Street, as reflected the notable slump […]