Abu dhabi: Most US stocks rose in midday trading today, while major indices declined due to a drop in technology shares. The S and P 500 remained nearly unchanged after experiencing a two-day winning streak that followed five consecutive losses. Meanwhile, the Dow Jones Industrial Average showed a modest increase, climbing 50 points, or 0.1%.
According to Emirates News Agency, the Nasdaq Composite faced a decline of 0.4%, primarily driven by a decrease in technology shares. This dip in tech stocks contrasted with the overall positive movement in the broader market, highlighting the sector's substantial impact on market indices.