The S&P 500 and Dow closed lower after hitting intraday records Thursday, as a Micron-induced drag on tech and weakness in energy weighed on stocks. 

The S&P 500 closed down 0.3% after earlier hitting a record of 4,808.52 intraday, while the Dow Jones Industrial Average fell 0.3%, or 90.5 points, after hitting an all-time high of 36,679.44. The Nasdaq closed down 0.2%. 

Micron Technology (NASDAQ:MU) fell more than 2%, forcing chip stocks and broader tech to end the day in the red, after the chipmaker warned that Covid-related shutdowns in Xi’an, China, would hurt output. 

Biogen (NASDAQ:BIIB) gave up its gains from a day earlier, down more than 7% after Samsung (KS:005930) denied reports that it was in talks to buy the health care company for $42 billion.  

The pan-European Euro Stoxx 600 finished up 0.2%, with most major exchanges logging gains. Travel and leisure was the standout gainer with a rise of 1.8%.In individual stocks news, shares of Storskogen Group climbed 4% after it announced it has acquired 90.1% of the shares in the Nimbus Group. 

Source: CNBC, Investing.com