The S&P 500 Index initially closed down about 0.4%, with the energy, technology, real estate, and telecommunications sectors falling by as much as 0.9%.
The Nasdaq 100 Index initially closed down about 0.5%, with Intuit down 5.8%, Diamondback Energy down 3.4%, Regeneron Pharma, Palantir, and Autodesk down by as much as 3.1%. Arm Holdings and AppLovin rose by as much as 2%, Tesla rose about 3%, Intel rose 3.5%, Micron Tech rose 3.8%, and Electronic Arts rose 4.9%
