Tech sector pushes the S&P 500 to slight gain

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Tech sector pushes the S&P 500 to slight gain
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Technology shares led the S&P 500 marginally higher on Wednesday, as a healthy f...

Of the 11 major sectors in the S&P 500, six ended the session in positive territory. Tech .SPLRCT was up the most, while energy .SPNY was the biggest laggard.

Shares of Boeing Co extended their fall, dropping 1.4% in the wake of the planemaker’s announcement that it does not expect approval for its 737 MAX aircraft to return to service until summer. On the economic front, sales of existing homes in December blew past economist estimates to reach a near two-year high.

Advancing issues outnumbered declining ones on the NYSE by a 1.10-to-1 ratio; on Nasdaq, a 1.03-to-1 ratio favored decliners.

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