Stocks Settle Lower on Tech Weakness and Higher Bond Yields

The S&P 500 Index ( $SPX) (SPY) on Wednesday closed down -0.74%, the Dow Jones Industrials Index ($ DOWI) (DIA) closed down -0.63%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -0.84%. March E-mini S&P futures (ESH26) fell -0.71%, and March E-mini Nasdaq futures (NQH26) fell -0.89%. Stock indexes retreated on Wednesday, with the S&P 500, the Dow Jones Industrial Average, and the Nasdaq 100 sliding to 1.5-week lows. The weakness in chip stocks and data storage companies led the broader market lower ...