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Wall Street hits a lull even as technology stocks gain


By Sruthi Shankar and Rama Venkat Raman(Reuters) - Wall Street turned weary in late morning trading on Wednesday, with a slide in energy stocks and Home Depot offsetting gains in technology sector as investors readjust their stock holdings. Shares of Microsoft, Facebook and Google parent Alphabet rose more than 1 percent.The Nasdaq had slipped 1.6 percent in the past three days, its worst such fall in more than three months amid doubts over stretched valuations and the impact of a U.S. tax overhaul on corporate earnings."To the end of the year, investors tend to reposition, making sure ...

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First Published: Wed, December 06 2017. 23:36 IST