U.S. stocks were mixed on Wednesday, with the Nasdaq slipping as investors focused on upcoming earnings from Micron Technology while the Dow rose.

Semiconductor and energy stocks weighed on the market, as Micron and other chip-related names fell and oil prices dropped sharply to multi-month lows.

Treasury yields also declined, reflecting weaker energy prices and shifting market expectations.

Analysts described the tech pullback as a healthy correction after strong gains, though some warned high earnings expectations could pressure stocks like Micron, CNBC has reported.

Overall, investors were cautious ahead of key earnings reports and continued volatility in the tech sector.