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) -- U.S. stocks finished mixed Wednesday in a

volatile session

punctuated by a furious rally in the final hour of trading.


Dow Jones Industrial Average

fell nearly 7 points, or 0.05%, to close at 12,496. The

S&P 500

rose 2.23 points, or 0.17%, to finish at 1319 and the

Nasdaq Composite

gained 11.04 points, or 0.39%, to settle at 2850.

Breadth within the Dow was split as well with 15 of the 30 components posting losses.

General Electric

(GE) - Get General Electric Company Report

finished Wednesday flat.

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The biggest decliners in the Dow were


(HPQ) - Get HP Inc. Report



(INTC) - Get Intel Corporation Report



(MSFT) - Get Microsoft Corporation Report


Much of the selling in these tech names was driven by the

weak results and guidance



(DELL) - Get Dell Technologies Inc Class C Report

after Tuesday's closing bell.

HP was the Dow's biggest loser, falling more than 3%. The stock was enjoying a strong bounce in after-hours action though after the company reported above-consensus quarterly results and a restructuring plan that calls for the elimination of 27,000 jobs, or 8% of its workforce. HP shares surged 5.7% to $22.27 on volume of more than 6 million in extended trades.

The PC and printer company reported second-quarter earnings on Wednesday after the close of $1.9 billion, or 98 cents a share, down from year-earlier earnings of $2.7 billion, or $1.24 a share.

Analysts, on average, anticipated earnings of 91 cents a share on revenue of $29.92 billion.

Intel shares fell 2.27% to $25.44. The stock has gained 4.91% year to date.

Shares of Microsoft fell 2.18% to $29.11. The stock has risen 12.13% year to date.

The biggest gainer in the blue-chip index was

Bank of America

(BAC) - Get Bank of America Corp Report

. Shares increased 2.72% to $7.17.

The bank's stock has risen 28.96% year to date.

Though not the biggest gainer,


(WMT) - Get Walmart Inc. Report

hit a 52-week high Wednesday of $63.97. The stock's 52-week low of $48.31 was set on Aug. 10.

The stock closed Wednesday up 1.33% to $64.58. Wal-Mart's stock has risen 8.07% year to date.


Written by Alexandra Zendrian in New York


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Alexandra Zendrian