US Stocks mixed as Nasdaq struggles, Oil gains lift sectors – Business Standard

US stocks ended the trading day with a mixed performance as the Nasdaq index struggled, while gains in oil prices boosted various sectors. The overall market saw a lack of clear direction, with some sectors performing well while others lagged behind.

The Nasdaq index, which is heavily weighted towards technology stocks, faced challenges throughout the day. This led to a mixed performance for the overall market, with the S&P 500 and Dow Jones Industrial Average also experiencing fluctuations.

On the other hand, gains in oil prices provided a lift to sectors such as energy and materials. This helped offset some of the losses seen in other areas of the market.

Overall, the day’s trading showcased the complexity of the market, with different sectors reacting differently to various factors. Investors are keeping a close eye on developments both domestically and internationally to gauge the overall health of the market.

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