Stocks faded in the last hour of trading and ended mostly lower Wednesday, a day after the S&P 500 and the Dow Jones Industrial Average set their latest record highs.
The S&P 500 and the Dow Jones Industrial Average fell. The Nasdaq ended little changed. Several big technology companies posted solid gains, led by Microsoft, which reported a surge in profits last quarter as its cloud computing business bounded ahead.
The S&P 500 fell 23.11 points, or 0.5%, to 4,551.68.
The Dow Jones Industrial Average fell 266.19 points, or 0.7%, to 35,490.69.
The Nasdaq rose 0.12 points, or less than 0.1%, to 15,235.84.
The Russell 2000 index of smaller companies fell 43.58 points, or 1.9%, to 2,252.49.
For the week:
The S&P 500 is up 6.78 points, or 0.1%.
The Dow is down 186.33 points, or 0.5%.
The Nasdaq is up 145.64 points, or 1%.
The Russell 2000 is down 38.78 points, or 1.7%
For the year:
The S&P 500 is up 795.61 points, or 21.2%.
The Dow is up 4,884.21 points, or 16%.
The Nasdaq is up 2,347.56 points, or 18.2%.
The Russell 2000 is up 277.64 points, or 14.1%.