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People pass the New York Stock Exchange on Wednesday, Sept. 4, 2024, in New York. (AP Photo/Peter Morgan)

Stock market today: Wall Street extends losses as technology and energy stocks fall

Stocks lost more ground on Wall Street, led by declines in the technology and energy sectors

By DAMIAN J. TROISE and ALEX VEIGA
Published - Sep 04, 2024, 07:35 PM ET
Last Updated - Dec 16, 2024, 07:34 PM EST

U.S. stock indexes lost more ground Wednesday, with declines in the technology, energy and other sectors adding to Wall Street's losses a day after the market’s worst skid in a month.

The S&P 500 fell 0.2% following Tuesday's 2.1% drop. The Nasdaq composite shed 0.3%. The Dow Jones Industrial Average, however, managed a gain of 0.1%.

The market's latest pullback came as a government report showed job openings in the U.S. fell unexpectedly in July, a sign that hiring could cool in the coming months.

The Labor Department reported that there were 7.7 million open jobs in July, down from 7.9 million in June and the fewest since January 2021. Openings have fallen steadily this year, from nearly 8.8 million in January. But overall, the report was mixed, with hiring having risen last month.

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