U.S. Stocks Close Lower After Apple's Slide

By Anora MahmudovaMarketWatch Pulse

A selloff in technology stocks on Wednesday, following disappointing results from companies such as Apple Inc. and Microsoft Corp., as well as continued slide in oil prices, put pressure on broader markets with the main indexes ending with losses . The Nasdaq Composite dropped 36.35 points, or 0.7%, to 5,171.77. The S&P 500 closed 5 points, or 0.2%, lower at 2,114.14. The Dow Jones Industrial Average ended the day down 68.25 points, or 0.4%, to 17,851.04.

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