NEW YORK, June 20 (Xinhua) -- U.S. stocks traded mixed on Wednesday as investor digested a batch of corporate news and economic data.
The Dow Jones Industrial Average was down 42.41 points, or 0.17 percent, to 24,657.80. The S&P 500 was up 4.73 points, or 0.17 percent, to 2,767.32. The Nasdaq Composite Index rose 55.93 points, or 0.72 percent, to 7,781.51.
The gains of the Nasdaq Composite were mainly led by Facebook and Netflix, with both shares increasing more than 2 percent at market closing. The S&P 500's advances were underpinned by the rallying technology stocks, while the Dow struggled for gains.
Shares of Walgreens Boots Alliance increased 5.25 percent after S&P Dow Jones Indices announced it would replace General Electric on the blue-chips index. Meanwhile, General Electric traded 0.54 percent lower on Wednesday.
Shares of Winnebago Industries Inc. and Actuant Corporation surged 14.87 percent and 11.95 percent, respectively, after both companies reported better-than-expected quarterly earnings on Wednesday.
One the economic front, the total existing-home sales decreased 0.4 percent to a seasonally adjusted annual rate of 5.43 million in May from downwardly revised 5.45 million in April. It was the second straight monthly decline in sales, according to latest figures from the U.S. National Association of Realtors. Enditem
