The three major U.S. stock indices all close lower

On March 5, local time, the three major U.S. stock indexes closed lower; the Dow fell 1.62%, the Nasdaq fell 0.33%, and the S&P 500 Index fell 0.61%.

Large-cap technology stocks saw mixed performance. Broadcom rose more than 4%, Microsoft and Oracle rose more than 1%, and Amazon and Intel closed slightly higher. Meta fell more than 1%, while Google, Apple, and Tesla closed slightly lower.

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