On Wall Street, a late slump pushed key indices into the red, leaving the S&P 500 and Dow Jones Industrial Average marginally below their record highs established the day before.

The majority of Wall Street is on vacation or has closed its positions for 2021, resulting in extremely minimal trade. Investors are unlikely to make any significant changes until next week when the New Year begins.

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The S&P 500 fell 14.33 points, or 0.3%, to 4,778.73. The Dow Jones Industrial Average fell 90.55 points, or 0.2%, to 36,398.08. The Nasdaq fell 24.65 points, or 0.2%, to 15,741.56. The Russell 2000 index of smaller companies fell 0.45 points, less than 0.1%, to 2,248.79.

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The main stock indices are on track to close the year with significant gains, wrapping off a stellar year for the market. The S&P 500 is expected to rise by more than 27% in 2021. That would be the market’s greatest performance since 2019, which was also a spectacular year.

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Technology firms accounted for a large portion of the late-afternoon drop. Micron Technology led the sector slide, falling 2.4% after revealing that its memory chip manufacture has been hampered by a shutdown in the Chinese city of Xi’an to control the coronavirus omicron variant.

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The market was also pulled down by energy stocks and a mix of firms that rely on consumer spending. APA Corp., an oil and natural gas firm, declined 3%. Tesla fell 1.5% after issuing a recall of some Model 3s due to a cable for the backup camera becoming worn and failing to transmit images to the dashboard interface.

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Stocks in health care and communication services rose. Pfizer gained 1.4%, while Twitter gained 4%. The 10-year Treasury note yield fell to 1.51% from 1.54% the day before, from 1.54%.