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The overall stocks fell after an uneven session as investors fret over the rising interest rates of the U.S. Federal Reserve.

The S&P 500 dropped 0.1 percent down and arrived at 2.880.34 after the turning down of PPG industries, which led to the lowering of the material sector. Even the broad index closed lower for the straight four days.

An industrial coatings manufacturer, PPG industries dropped more than 10 percent after an update on its guidance for third-quarter. The manufacturer company is now expecting earnings each share to be under the range of $1.41-$1.45, which is slightly lower than estimated by a FactSet of $1.59.

With underperforming of stocks like United Technologies and DowDuPont, Dow Jones Industrial Average lowered by 56.21 points at 26,430.57. However, Nasdaq Composite climbed slightly and reached 7,738.02 after losing straight for the three days whereas tech-shares declined any losses.

The shares like Amazon and Facebook climbed up by 0.3 percent and 0.4 percent, respectively. Apple gained 1.4 percent while Netflix rose up by 1.9 percent.

The major stocks kept swinging between positive and negative region throughout the whole day. Dow Jones fell down to 162.62 points at its lower session whereas rose to 53.16 points at one time. The Nasdaq Composite swiveled around 1 percent while the S&P 500 dealt in a range of 0.8 percent.

The Treasury 10-year note yield climbed to its highest since 2011 and 30-year bond yield also went as high as its highest record since 2014.

On Tuesday, Nasdaq and S&P 500 entered the week after their three-day losing streaks whereas Dow Jones reacted positively after slight gains in the last session.

The market showed mixed reactions throughout the session as investors vexed over the hike in interest rates for the third time and expected to hike one more time again before the year ends.