Markets

Markets Wrap: Wall Street loses ground as weak stretch continues

The S&P 500 dropped 0.7%, the Dow Jones Industrial Average fell 0.6% and the Nasdaq composite ended 1.1% lower

US Stocks fell again on Wednesday, extending Wall Street’s weak stretch this holiday-shortened week.

The S&P 500 dropped 0.7%. After two days of trading, the benchmark index has lost nearly half of its gains from last week.

The Dow Jones Industrial Average fell 0.6% and the Nasdaq composite ended 1.1% lower.

Big technology stocks were among the biggest drags on the market. Apple fell 3.6% and Nvidia dropped 3.1%.

The latest pullback in stocks came ...