Technology Shares: Points and Benchmarks Fare

technology shares: How did the major benchmarks fare The Dow Jones Industrial Average DJIA, -0.04% fell 11.4 points, or less than 0.1%, to 26,536.82, but had been as high as 26,669, while the S&P 500 SPX, 0.38% fell 3.6 points, or 0.1%, to 2,913.78, representing a fourth straight decline for the index, its longest string of loses since a similar downturn ended May 9, Fact Set data show, according to Market Watch. The Nasdaq Composite Index COMP, 0.73% rose 25.2 points, or about 0.3%, to 7,909.97, halting a three-session stumble. Stocks closed mostly lower Wednesday, as investors grew increasingly skeptical that a U.S.-China trade deal is in the offing, though technology shares were supported by optimism related to Micron Technology's better-than expected guidance. What drove the market Comments from U.S. Treasury Secretary Steven Mnuchin suggesting that a Sino-American trade resolution had been near in an earlier round of talks, provided an early lift to markets. The U.S. Treasury Secretary said he was hopeful that a deal could be struck as the market awaits a sideline conversation between President Donald Trump and Chinese President Xi Jinping at the Group of 20 gathering in Osaka, Japan, which kicks off on Friday. We were about 90% of the way there with a deal and I think there's a path to complete this, he told the financial network in Bahrain. (news.financializer.com). As reported in the news.