How major US stock indexes fared Wednesday, 11/29/2023
Stocks drifted to a mixed close on Wall Street as drops in several Big Tech companies offset gains in other parts of the market
By The Associated Press
Published - Nov 29, 2023, 04:24 PM ET
Last Updated - Dec 21, 2023, 12:04 PM EST
Stocks drifted to a mixed close on Wall Street as drops in several Big Tech companies offset gains in other parts of the market.
The S&P 500 gave up an early gain and closed down 0.1% Wednesday. The Nasdaq composite fell 0.2% and the Dow eked out a gain of 13 points.
Facebook parent company Meta fell 2% and Google’s parent company Alphabet gave up 1.6%. General Motors jumped 9.4% after the automaker announced a big stock buyback, raised its dividend and said it wouldn’t have any trouble absorbing the costs of its new labor contract. Treasury yields fell.
On Wednesday:
