The S&P 500 Index ($SPX) (SPY) on Wednesday closed down -0.34%, the Dow Jones Industrials Index ($DOWI) (DIA) closed down -0.94%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +0.06%. March E-mini S&P futures (ESH26) fell -0.36%, and March E-mini Nasdaq futures (NQH26) rose +0.03%.
Stock indexes settled mixed on Wednesday, with the Nasdaq 100 posting a 3.5-week high. The S&P 500 and Dow Jones Industrial Average fell from record highs on Wednesday and settled lower, led by weakness in chipmakers and data storage stocks. Also, defense stocks tumbled after President Trump said he won’t allow dividends or buybacks for defense companies.
