US stocks finished mostly lower Wednesday, snapping a four-day winning streak for the S&P 500 and the Dow Jones Industrial Average.
At the closing bell, the Dow lost 31.79 (0.20 percent) at 15,962.98.
The S&P 500 dipped 0.49 (0.03 percent) to 1,819.26, while the tech-rich Nasdaq Composite Index tacked on 10.24 (0.24 percent) to 4,201.29.
The losses came even as the Senate voted to lift the US debt ceiling through March 2015, averting a contentious political battle that could have rattled markets.
Wednesday's muted market response is "a pause after yesterday," said Hugh Johnson of Hugh Johnson Advisors, alluding to US equity gains of more than one percent Tuesday.
Johnson described current market attitudes as "neutral" after negative sentiment dominated earlier in February.
"The direction is not clear," Johnson said.
US stocks finished mostly lower Wednesday, snapping a four-day winning streak for the S&P 500 and the Dow Jones Industrial Average.
At the closing bell, the Dow lost 31.79 (0.20 percent) at 15,962.98.
The S&P 500 dipped 0.49 (0.03 percent) to 1,819.26, while the tech-rich Nasdaq Composite Index tacked on 10.24 (0.24 percent) to 4,201.29.
The losses came even as the Senate voted to lift the US debt ceiling through March 2015, averting a contentious political battle that could have rattled markets.
Wednesday’s muted market response is “a pause after yesterday,” said Hugh Johnson of Hugh Johnson Advisors, alluding to US equity gains of more than one percent Tuesday.
Johnson described current market attitudes as “neutral” after negative sentiment dominated earlier in February.
“The direction is not clear,” Johnson said.
