NEW YORK (AP) — Wall Street ended lower on more declines in technology stocks, but the market pared its losses in the afternoon. The S&P 500 slipped 0.2% Wednesday after trimming a loss that reached 1.1% earlier in the day. The Dow Jones Industrial Average edged up less than 0.1%, and the Nasdaq composite fell 0.7%. The day’s action again centered around stocks caught up in the mania around artificial-intelligence technology. These stocks are facing criticism that their prices shot too high, too fast and became too expensive. Several big U.S. retailers including Target turned in mixed financial results. Treasury yields eased.
THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below.