Dow Slips Amid Tech Retreat; Energy Stocks Surge on Rising Crude Prices

Manasi Raut 5 months ago

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Tech shares weighed on major indexes as investors pulled back from high-growth sectors. Meanwhile, energy stocks rallied, fueled by a jump in crude oil futures and renewed demand optimism.

Dow Jones Today: Stock Indexes Slip as Tech Shares Pull Back; Energy Sector Outperforms as Crude Futures Rise

Major stock indexes fell Wednesday, a day after they snapped a three-session streak of record closing highs. Technology stocks declined, although energy shares rose along with the price of crude.