NEW YORK (AP) — A mostly downbeat batch of economic news gave investors a reason to cash in some of their recent gains Wednesday, leaving stock prices widely mixed. Blue chips pulled back, while tech stocks that have lagged the market were rallying.
Wall Street is coming off three sessions of gains that gave the Dow Jones industrials and the Standard & Poor’s 500 index their first triple-session advances in more than two months, so some retrenchment wasn’t surprising.