Stocks Hold Steady Despite Weak Data, Buoyed by Big Tech
Traders work on the floor of the New York Stock Exchange.
Photographer: Michael Nagle/BloombergUS equities eked out a third straight session of gains on Wednesday as a rally in big technology stocks offset weak economic data on jobs and services.
The S&P 500 Index closed up 0.01%, with six of the 11 sectors in green. The Nasdaq 100 gained 0.3% and the Dow Jones Industrial Average fell 0.2%.