Major U.S. stock indexes closed mixed Tuesday in choppy trade punctuated by another sharp selloff in the internet sector. The Dow Jones Industrial Average swung to a slight gain late in the session, adding about 50 points, or 0.2%, to end near 31,931. The main action resided in the tech-heavy Nasdaq Composite Index , which shed 2.4%, while the S&P 500 index closed down 0.8%, failing to add to Monday’s bounce for the large-cap index. An earnings warning from Snapchat parent Snap was pegged as a key catalyst for losses in internet stocks, which swept up other social-media companies, including Facebook parent Meta Platforms Inc. , Pinterest Inc. , Google parent Alphabet and Twitter Inc. .
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