Tech stocks lead US indexes mostly lower in afternoon trade

TECH TUMBLE: Amazon, Facebook … BANKS BUMPED UP: Banks and other financial stocks posted solid gains, getting a boost from rising bond yields. Banks benefit from rising bond yields because they can charge higher interest rates on loans.Powered by...

Nasdaq falters as investors flee tech for banks

Gains in financial, industrial and healthcare stocks boosted the Dow industrials, giving the blue-chip index another record closing high, and they helped the benchmark S&P 500 index finish near flat. The S&P tech sector .SPLRCT, which has propelled the...

Markets Right Now: Steep tech drop pulls stocks mostly lower

The latest on developments in financial markets (All times local): 4 p.m. A steep drop in technology companies pulled major U.S. stock indexes mostly lower, offsetting gains in other sectors. Several big names in the tech sector fell Wednesday. Micron …Powered...