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Technology Shares Lift Nasdaq as Broader Market Slips

U.S. stocks ended modestly lower on Wednesday as a flurry of economic data eased concerns about imminent rate hikes, sending tech stocks higher. The tech-heavy Nasdaq rose 63.52 points, or 0.24% to 26861.06, while the S&P 500 fell 19.3 points.

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S. stocks finished modestly lower, while a batch of economic data eased concerns about near-term rate hikes and lifted technology shares. 06, reversing earlier declines in the week. 3 points, or 0...