Stocks finished mixed in a choppy trading session Wednesday, as Apple weighed on the tech sector following the iPhone maker's rare earnings miss. But the Dow finished higher, snapping a three-day losing streak.
The Dow Jones Industrial Average gained 58.73 points, or 0.47 percent, to finish at 12,676.05, led by Boeing and AT&T.
The S&P 500 slid 0.42 points, or 0.03 percent, to end at 1,337.89. The tech-heavy Nasdaq dipped 8.75 points, or 0.31 percent, to close at 2,854.24. The CBOE Volatility Index, widely considered the best gauge of fear in the market, finished below 20.
Among the key S&P sectors, telecoms ended higher, while techs sagged.
“Markets remain very sensitive to the possibility that we might have some more policy action from the central banks,” said Paul Christopher, chief international investment strategist, at Wells Fargo Advisors on CNBC’s “ Closing Bell .” “[While] some coordinated action is a possibility and would take the global markets up with a positive surprise, that’s not going to be any kind of solution.”Page 1 of 4 | Next Page