Wall Street closes mixed as banks lose, tech gains

Nasdaq finishes at new record high

By Ovunc Kutlu

NEW YORK (AA) - Wall Street closed mixed Wednesday as banks fell and tech companies gained.

The Dow fell 35 points to close the day at 20,054.

The S&P added one point to 2,294. The Nasdaq rose eight points to 5,682 -- closing at an all-time high high.

Shares of Bank of America and Citigroup fell 1 percent and 1.5 percent, respectively. Morgan Stanley fell 2.1 percent.

Alibaba Group saw its shares rise 2.7 percent while Twitter climbed 2.5 percent.


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