News Formal

Stocks edge back further from their all-time highs on Wall Street

  • 📰 latimes
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 82%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

Wall Street slipped a bit further from its record heights on Tuesday. A late-day slide by Nvidia helped pull the market lower.

Wall Street slipped a bit further from its record heights on Tuesday. The S&P 500 fell 14.61 points, or 0.3%, to 5,203.58 for its third straight modest drop since setting an all-time high. The Dow Jones industrial average dipped 31.31 points, or 0.1%, to 39,282.33, and the Nasdaq composite fell 68.77 points, or 0.4%, to 16,315.70. Stock indexes were modestly higher for much of the day thanks to several major tech stocks. Tesla rose 2.9% and Alphabet ticked up 0.4%.

The S&P 500 has already roared 9% higher this year and is on track to close out its fifth straight winning month. Excitement is high because the U.S. economy has remained remarkably resilient despite high interest rates meant to get inflation under control. Plus, the Federal Reserve looks set to start lowering interest rates this year because inflation has cooled from its peak. Strong buying of stock by companies themselves has also helped to support prices.

 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки
Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 11. in RU

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

European stocks head for mixed open as Wall Street rally takes a breatherEuropean markets are heading for a lackluster open Tuesday as investors continue to ponder central bank policy decisions in Europe and the U.S. from last week.
Источник: NBCPhiladelphia - 🏆 569. / 51 Прочитайте больше »

European stocks open lower as Wall Street rally takes a breather; Ocado up 4%European markets opened lower Tuesday as investors continue to ponder central bank policy decisions in Europe and the U.S. from last week.
Источник: NBCPhiladelphia - 🏆 569. / 51 Прочитайте больше »

Wall Street is getting excited about these Chinese stocks — and upgrading three to 'buy'Investment analysts have upgraded at least three U.S.-listed Chinese stocks to buy so far this month.
Источник: CNBC - 🏆 12. / 72 Прочитайте больше »

Top Wall Street analysts like these dividend stocks for portfolio incomeTipRanks' analyst ranking service highlights Wall Street's best-performing stocks, including Bank of America and PepsiCo.
Источник: CNBC - 🏆 12. / 72 Прочитайте больше »

Top Wall Street analysts recommend these 3 dividend stocksTipRanks’ analyst ranking service pinpoints Wall Street’s best-performing stocks, including Target and Garmin
Источник: NBCDFW - 🏆 288. / 63 Прочитайте больше »