Nasdaq sinks, Dow Jones flattens out, U.S. dollar tumbles

NEW YORK, New York - Stocks were mixed on Wednesday as the industrial sector held steady while technology shares got pounded.

"I wouldn't want to take the optimism too far. We think it's still too soon for the Fed to make a significant pivot, and the stronger markets are, the more likely it is that the Fed wants to be more cautious about wanting to make a pivot," Andrew Sheets, chief cross-asset strategist at Mor