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Stocks close lower; only Dow gains

Markets gained early Wednesday, Sept. 3, 2014, after

Markets gained early Wednesday, Sept. 3, 2014, after losses across the board the previous day on New York Stock Exchange. Credit: Getty Images / Spencer Platt

Financial markets closed mostly lower Wednesday, pulled down by a fall in Apple and other technology companies.

At the close on Wall Street, the Standard & Poor's 500 was down 1.6 points, or nearly 0.1 percent, to close at 2,000,7. The tech-dominated Nasdaq slid 25.6 points, or nearly 0.6 percent, to 4,572.6. Only the Dow Jones industrial average edged up 10.7 points, or nearly 0.1 percent, to 17,078.3.

Apple fell 4.2 percent after rival Samsung unveiled two smartphones at a trade show in Berlin. The unveiling comes less than a week before Apple is expected to reveal products.

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