U.S. Stock Markets End Mixed on Wednesday Amid Rate Hike Worries and Tech Slump

U.S. equities failed to sustain early advances on Wednesday, reversing course in the latter part of the session and closing mixed.

Profit‑taking pressure triggered the late decline, while lingering concerns over a potential interest‑rate increase—sparked by stubborn inflation readings—kept investors cautious.

The Dow gained 182.06 points (0.35%) to close at 51,848.90, the NASDAQ fell 110.40 points (0.43%) to 25,476.63, and the S&P 500 edged down 7.24 points (0.10%) to finish at 7,358.22.

The slide on Wall Street, notably in the tech‑heavy NASDAQ, stemmed from fresh selling in semiconductor shares amid concerns about AI infrastructure demand.

Early gains persisted even as uncertainty surrounded the U.S.-Iran peace talks, with the two sides at odds over several key terms of the agreement.

Falling crude oil prices provided a boost to equities, as West Texas Intermediate for August delivery declined amid increased shipping traffic through the Strait of Hormuz.

Meanwhile, Commerce Department data showed new single‑family home sales dropped 7.3% month‑over‑month in May, reaching an annualized pace of 580,000—the lowest level—after an upwardly revised 626,000 in April.

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