NEW YORK (CNNMoney) -- U.S. stocks ended mixed Wednesday, one day after a big advance, as declines in bank stocks vied with strength in the technology sector.
The Dow Jones industrial average (INDU) rose 16 points, or 0.1%, to end at 13,194. The S&P 500 (SPX) lost 2 point, or 0.1% to 1,394. The Nasdaq (COMP) edged up 1 point, or less than 0.1%, to 3,041.
Stocks surged late Tuesday as investors cheered news that most U.S. banks passed the Federal Reserve's latest round of stress tests. But the tone was more cautious Wednesday as investors punished banks that came up short in the test and rewarded those that passed.
"After the surprise good news from stress tests yesterday, it's not a surprise to see a bit of a pull back today," said Kate Warne, chief investment strategist with Edward Jones.
While the financial sector was weak, shares of big technology companies helped support the market.
Overall, analysts say stocks are poised to continue heading higher, as the U.S. economy strengthens and Europe makes progress on its debt problems.
Early Wednesday, European finance ministers formally approved a second package of bailout loans for Greece worth €39.4 billion.
The dollar weakened against the British pound, but rose versus the euro and the Japanese yen.
Oil for April delivery slipped $1.28 to end at $105.43 a barrel.
Gold futures for April delivery fell $51.30 to settle at $1,642.90 an ounce.
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