Wall Street down as tech drag offsets financial sector's rise

The tech-heavy Nasdaq Composite has remained under pressure since the Nov. 8 election as investors poured more money into sectors such as financials, industrials and energy, which are seen benefiting from President-elect Donald Trump's policies. The S&P technology index pared some losses as the afternoon wore on but was still down 1.7 percent, leading decliners. Apple was down 2.8 percent and weighed the most on the Nasdaq and the S&P 500, followed by Amazon.com, Microsoft and Facebook.