NEW YORK, April 28 (Xinhua) -- U.S. stocks gave up earlier gains to end lower on Tuesday as the market was pressured by considerable losses in major tech shares.
The Dow Jones Industrial Average fell 32.23 points, or 0.13 percent, to 24,101.55. The S&P 500 erased 15.09 points, or 0.52 percent, to 2,863.39. The Nasdaq Composite Index decreased 122.43 points, or 1.40 percent, to 8,607.73.
All the three major indexes rallied more than 1 percent earlier in the session.
Shares of U.S. tech giants, the so-called FAANG group of Facebook, Apple, Amazon, Netflix and Google-parent Alphabet, all closed lower.
The S&P 500 communication services and technology sectors slid 1.89 percent and 1.41 percent, respectively, among the worst-performing groups.
Wall Street also weighed the possibility of reopening the economy amid the COVID-19 outbreak.
As of Tuesday afternoon, more than 1 million COVID-19 cases have been reported in the United States, with over 58,000 deaths, according to the Center for Systems Science and Engineering at Johns Hopkins University. Enditem
