According to Reuters, Tech stocks weigh on Wall Street.
The benchmark S&P 500 and the Dow Jones Industrial Average were flat on Wednesday, as gains in energy companies helped offset a slide in technology stocks, which weighed on the Nasdaq.
Shares of Apple (AAPL.O), Twitter TWTR.O, Alphabet (GOOGL.O) and Amazon.com (AMZN.O) fell between 0.8 and 2.8 percent after executives at these companies, among others, were asked to testify about consumer data privacy before a U.S. Senate panel on Sept. 26.
Apple weighed the most on the three major indexes. The stock was trading higher premarket ahead of an event at 1 p.m. ET (1700 GMT) where the company is expected to launch three new iPhone models.
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Tech Stocks Weigh On Wall Street