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among real estate professionals. Here's your closing bell brief for Wednesday, January 14th. I'm Catherine Sullivan for the Wall Street Journal.

U.S. stocks ended the main trading session lower today. The NASDAQ led the retreat among the major indexes, dropping 1%.

The S&P 500 was down a half a percent, and the Dow was down a tenth of a percent.

Tech and bank stocks both sold off, weighing on the indexes.

Elsewhere, new data showed retail sales saw an unexpected jump in November.

Wholesale inflation for that same month came in cooler than expected.

Home sales also rose at their fastest pace in two years. Among individual companies,

Nvidia shares fell 1.4%. The government issued new security requirements before shipping

certain chips to China. Wells Fargo stock dropped over 4.5% on Wednesday. The lender reported

net income per share that missed analyst forecasts.

Citigroup stock retreated 3%. The bank's quarterly profit took a $1.2 billion loss from the

sale of its Russian operations. Trip.com shares tumbled 17%. China's top market regulator is

investigating the online travel agency for alleged

antitrust misconduct. And TG therapeutic stock jumped 6% following a higher revenue forecast due to

strong sales of one of its treatments. Heads up, an artificial intelligence tool helped us make

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