U.S. stocks opened slightly lower Tuesday, extending modest losses booked Monday, as the S&P 500 continues to trade just under a level the index would need to reach to exit its bear market. The Dow Jones Industrial Average DJIA, -0.17% was down 0.
1% soon after the opening bell, while the S&P 500 SPX, -0.10% fell 0.1% and the Nasdaq Composite COMP, -0.16% slipped 0.3%, according to FactSet data, at last check. The S&P 500 would exit its bear market by rising slightly above 4,292 as at that point it would be 20% above its 2022 low in October, according to Dow Jones Market Data.
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Stock market outlook: S&P 500 can rally 20% if it clears 3 hurdlesThe stock market could rally 20% through the rest of this year if it can clear 3 key hurdles, Fundstrat says
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