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U.S. stocks end mixed as tech shares rebound

NEW YORK
2021-11-12 06:10

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NEW YORK, Nov. 11 (Xinhua) -- U.S. stocks closed mixed on Thursday as major tech shares rebounded following a sell-off in the prior session.

The Dow Jones Industrial Average fell 158.71 points, or 0.44 percent, to 35,921.23. The S&P 500 increased 2.56 points, or 0.06 percent, to 4,649.27. The Nasdaq Composite Index rose 81.58 points, or 0.52 percent, to 15,704.28.

Six of the 11 primary S&P 500 sectors ended in green, with materials and technology up 0.85 percent and 0.53 percent, respectively, leading the gainers. Utilities slipped 0.6 percent, the worst-performing group.

U.S.-listed Chinese companies traded mostly higher with nine of the top 10 stocks by weight in the S&P U.S. Listed China 50 index ending the day on an upbeat note.

The above moves came after a major setback on Wall Street. U.S. equities closed noticeably lower on Wednesday with the Nasdaq shedding 1.66 percent, after data showed a key U.S. inflation reading surged to the highest level in three decades.
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