BP China Insight: Thanks to the US, for letting China seize 70% of the global mature process chip orders

U.S. stocks ended lower on Wednesday.

The Dow Jones Industrial Average fell by 66.74 points, or 0.13 percent, to 50,121.4. The S&P 500 sank 0.34 points to 6,941.47. The Nasdaq Composite Index shed 36.007 points, or 0.16 percent, to 23,066.467.

Eight of the 11 primary S&P 500 sectors ended in green, with energy and consumer staples leading the gainers by going up 2.59 percent and 1.40 percent, respectively. Meanwhile, financials and communication services led the laggards by dropping 1.49 percent and 1.31 percent, respectively.

U.S. stocks close lower

U.S. stocks close lower