Stock Market Today: Dow struggles as Powell concludes press conference following Fed's rate cut of 50 basis points
Big Tech stocks were mixed in afternoon trading Wednesday, with gains led by Apple Inc. and Tesla Inc.
Shares of the Roundhill Magnificent Seven ETF, an exchange-traded fund that holds seven closely followed so-called Big Tech stocks — Apple, Microsoft Corp., Alphabet Inc., Amazon.com Inc., Nvidia Corp., Tesla and Meta Platforms Inc. — were up 0.3%, according to FactSet data at last check.
Apple and Tesla had the biggest gains in the group, each up more than 1% on Wednesday afternoon. Microsoft had the largest decline, down 0.6%, FactSet data showed at last check.