Shares of technology companies were more or less flat as traders rotated into value sectors, which fare better in times of rising inflation and interest rates.
NortonLifeLock agreed to buy rival cybersecurity firm Avast in a cash-and-stock deal that would extend the U.S. company's focus on consumer software.
Senators introduced legislation Wednesday that would impose new rules for app stores, amid debate over the dominant roles Apple and Alphabet's Google play in the mobile ecosystem.
North Carolina has suspended online used-car retailer Carvana from selling cars in the Raleigh area until January, after a state investigation determined that it failed to deliver titles to the motor vehicle department and sold cars without state inspections.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
08-11-21 1651ET
