Weakness for some Big Tech stocks tugged Wall Street a bit lower, but the market overall was mixed and regaining some stability at the tail end of what’s been a turmoil-filled month.
The S&P 500 fell 0.2% Tuesday. More stocks rose than fell within the index. The Dow Jones Industrial Average and Nasdaq composite were also down slightly.
There was relative calm even in the bond market, which has been home to some of Wall Street’s wildest moves since fears flared about banks earlier this month. Yields were making only modest moves higher.
The S&P 500 fell 6.26 points, or 0.2%, to 3,971.27.
The Dow Jones Industrial Average fell 37.83 points, or 0.1%, to 32,394.25.
The Nasdaq composite fell 52.76 points, or 0.4% to 11,716.08.
The Russell 2000 index of smaller companies fell 1.04 points, or 0.1%, to 1,752.63.
For the week:
The S&P 500 is up 0.28 points, or less than 0.1%.
The Dow is up 156.72 points, or 0.5%.
The Nasdaq is down 107.88 points, or 0.9%.
The Russell 2000 is up 17.71 points, or 1%.
For the year:
The S&P 500 is up 131.77 points, or 3.4%.
The Dow is down 753 points, or 2.3%.
The Nasdaq is up 1,249.60 points, or 11.9%.
The Russell 2000 is down 8.61 points, or 0.5%.
Before you make your next trade, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis.
Our team has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and none of the big name stocks were on the list.
They believe these five stocks are the five best companies for investors to buy now...
See The Five Stocks Here
MarketBeat's analysts have just released their top five short plays for June 2023. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.Get This Free Report