local
US stocks end mixed, weighed down by more losses for tech giants
By Chan Ho-Him, Associated Press at KSAT 12 (ABC) - San Antonio News
· June 24, 2026
· 4 min read
Stocks wavered to a mixed close on Wall Street Wednesday as technology stocks once again weighed down the market.Declines for several influential tech heavyweights, including Microsoft, pulled the broader market lower even though most stocks in the S&P 500 gained ground. That was also the case on...
Key takeaway The Dow Jones Industrial Average, which is less weighted with tech stocks, rose 182.
Why this matters in Alamo Heights News
For Alamo Heights residents with investments or retirement accounts tied to the S&P 500, the mixed close on Wall Street may be a concern. The S&P 500's slight decline, despite gains from most of its component stocks, suggests that the valuations of large tech companies like Microsoft and Oracle may be due for a correction. This could have implications for local investors who have seen their portfolios grow alongside the tech sector's record-setting run. As Alphabet, Google's parent company, prepares to join the S&P 500, its performance will be closely watched by investors in the area. Meanwhile, the decline in oil prices may be a welcome development for local drivers, but the losses suffered by oil companies like Exxon Mobil and Chevron could have a ripple effect on the local economy. Homebuilders, on the other hand, may see a boost from the recently approved legislation, which could lead to increased construction activity in the Alamo Heights area.
About this story
Original reporting by KSAT 12 (ABC) - San Antonio News . Alamo Heights News surfaces reporting from trusted publishers and adds local editorial context so readers can quickly understand what a story means for their community. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
For the complete original report, visit KSAT 12 (ABC) - San Antonio News . Have a tip or correction? Contact our newsroom .
Category: local ·
Published: June 24, 2026 ·
Source: KSAT 12 (ABC) - San Antonio News ·
Reading time: 4 min
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Frequently asked about this story
What is this story about? Stocks wavered to a mixed close on Wall Street Wednesday as technology stocks once again weighed down the market.Declines for several influential tech heavyweights, including Microsoft, pulled the broader market lower even though most stocks in the S&P 500 gained ground. That was also the case on...
When was this published? This article was first published on June 24, 2026 by KSAT 12 (ABC) - San Antonio News and curated for Alamo Heights News readers.
Who reported this story? This story was reported by Chan Ho-Him, Associated Press at KSAT 12 (ABC) - San Antonio News. To learn more about how Alamo Heights News selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more local coverage from Alamo Heights News, or browse our daily briefing and topic hubs .
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