How major US stock indexes fared Thursday
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More declines in big technology stocks pulled major indexes lower Thursday on Wall Street, driving the market further into the red on the first week of the year.
The S&P 500 wobbled between gains and losses for much of the day before closing slightly lower. The Nasdaq and the Dow Jones Industrial Average also fell, while small-company stocks bucked the trend and closed higher. Bond yields continued to rise a day after the Federal Reserve indicated it was ready to raise interest rates to fight off inflation.