Stock Market Today: S&P 500 shrugs off energy, financials slide as tech shines

Investing.com -- The S&P 500 cut losses to closes higher Tuesday, as a climb in tech helped offset weakness in energy and financials a day ahead of an important inflation report.

The news comes a day after the Cupertino-based group unveiled its iPhone 16 on Monday, which is due to go on sale on Sept. 20 with pre-orders available this Friday, to help reinvigorate flagging sales of the device. OPEC said now now expects demand to increase by roughly 2 million barrels per day this year, down from its prior projection of 2.1 million in August. It was the second consecutive month that the producer group has made a downward adjustment to the forecast.), said they are moving to halt production and refining activities in the Gulf of Mexico due to Tropical Storm Francine.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock Market Today: S&P 500 snaps 8-day win streak as energy stocks slideStock Market Today: S&P 500 snaps 8-day win streak as energy stocks slide
Source: Investingcom - 🏆 450. / 53 Read more »

Stock Market Today: S&P 500 in best week of 2024 as revived bulls resume marchStock Market Today: S&P 500 in best week of 2024 as revived bulls resume march
Source: Investingcom - 🏆 450. / 53 Read more »

Stock market today: S&P 500 slips as Nvidia rebound runs out of steamStock market today: S&P 500 slips as Nvidia rebound runs out of steam
Source: Investingcom - 🏆 450. / 53 Read more »

Stock Market Today: S&P 500 closes higher as Fed minutes boost Sept rate cut hopesStock Market Today: S&P 500 closes higher as Fed minutes boost Sept rate cut hopes
Source: Investingcom - 🏆 450. / 53 Read more »

Stock market today: S&P 500 slides on fresh economic worries ahead of jobs reportStock market today: S&P 500 slides on fresh economic worries ahead of jobs report
Source: Investingcom - 🏆 450. / 53 Read more »

Stock Market Today: S&P 500 ekes out gain ahead of key inflation dataStock Market Today: S&P 500 ekes out gain ahead of key inflation data
Source: Investingcom - 🏆 450. / 53 Read more »