Wall Street closes mixed, tech sector plummets

Market Reports | Markets 12/1/2016, 10:17 PM
Wall Street closes mixed, tech sector plummets

Markets in the United States ended the day mixed on Thursday with the tech sector weighing the Nasdaq 100 and S&P 500 down as investors digested economic data.

The Dow Jones closed 0.36% in the green. The financial sector recorded the largest gains. Goldman Sachs jumped 3.35% and JPMorgan Chase climbed 2.02%.

The S&P 500 decreased 0.35% with tech companies leading the losses.

The Nasdaq 100 plunged 1.59%. The tech sector suffered sharp losses with the worst performers being Microchip, plummeting 7.48%, and Analog Devices, sinking 7.04%.

The dollar index declined 0.62% to 100.95 at 10:10 p.m. CET. The greenback traded flat against other major currencies after falling significantly compared to the pound earlier in the day.

TeleTrader Newsroom / NP


US Tech 100 I...+0.23%

Chart for: US Tech 100 Index

US Wall Stree...+0.28%

Chart for: US Wall Street 30 index

US SPX 500 In...+0.20%

Chart for: US SPX 500 Index

Dollar Index ...+0.38%

Chart for: Dollar Index Spot