Major stock indices on Wall Street closed lower on Wednesday. The S&P 500 and the tech-heavy Nasdaq fell to their lowest level in three weeks, pressured by recurring trade concerns. The broader Topex index declined 0.37% to 3356.89 points. The Nikkei index dropped 1.03% to 49001.5 points, marking its lowest close since November 25. The Nikkei index ended trading on Thursday at a three-week low, weighed down by profit-taking in large-cap technology stocks with significant weight in the index, as investors assess the growth prospects of artificial intelligence and data center companies.
Major Wall Street Indices Close Lower
Major stock indices on Wall Street closed lower on Wednesday, with the S&P 500 and Nasdaq hitting three-week lows amid trade concerns.