Dow suffers worst day in nearly a month; S&P 500, Nasdaq snap 3-day losing skids
U.S. stocks finished mixed on Tuesday after a rebound in Nvidia Corp....
U.S. stocks finished mixed on Tuesday after a rebound in Nvidia Corp. shares helped the S&P 500 and Nasdaq Composite break their three-day losing streak while driving a sharp divergence in indexes, as the Dow Jones Industrial Average suffered its worst day in nearly a month.
The S&P 500 was up 21.43 points, or 0.4%, to end at 5,469.30.
The Nasdaq Composite advanced 220.84 points, or 1.3%, to finish at 17,717.65. In nearly two weeks, it was the largest one-day point and percentage gain for the tech-heavy index.
Dow industrials were off 299.05 points, or 0.8%, ending at 39,112.16, to book the index's worst day since May 30. The blue-chip index also snapped a five-day winning streak.
The Nasdaq outperformed the Dow by 2.02 percentage points on Tuesday, its largest one-day outperformance since Feb. 2, 2023. According to Dow Jones Market Data, the two indexes moved in opposite directions in eight out of the last ten trading days.
The Supreme Court has agreed to take up a case involving the Surface...
The Supreme Court has agreed to take up a case involving the Surface Transportation Board's environmental approval of the proposed 88-mile Uinta Basin Railway, which would connect Utah oilfields to the national railway network. The US Court of Appeals for the District of Columbia last year reversed the STB's decision, citing inadequate consideration of environmental impacts as mandated by the National Environmental Policy Act.
The emerging US clean hydrogen industry is essentially in limbo until...
The emerging US clean hydrogen industry is essentially in limbo until the Biden administration finalizes the Inflation Reduction Act's related guidance and concerns over the potential role of blue hydrogen projects that utilize natural gas and carbon capture continue to gain momentum. A case in point is the Appalachian Regional Clean Hydrogen Hub. Local stakeholders and environmental organizations are urging the Energy Department to halt negotiations to hash out concerns about the project's environmental footprint.
Julian Assange will go free after pleading guilty. The...
Julian Assange will go free after pleading guilty. The WikiLeaks founder, who’s been pursued by the US since publishing a trove of sensitive classified documents in the 2010s, has agreed to plead guilty to a single felony charge of illegally obtaining and disclosing national security material. And if all goes to plan, Assange will be sentenced to the time he has already served in a British prison while fighting extradition to the US and allowed to return to his native Australia, ending a saga that’s created political headaches for the government. He’s scheduled to appear in a US federal court in the Northern Mariana Islands tomorrow morning to enter the plea and is then expected to hop a flight to Oz.
Infowars, Alex Jones’s conspiracy media platform, would be shut down and liquidated under a plan being drafted by the trustee overseeing Jones’s assets in the wake of his bankruptcy filing to pay the massive defamation verdict he owes to families who lost loved ones in the Sandy Hook school shooting.
Target has made a deal with Shopify in an effort to bring trendier sellers to its third-party marketplace.
Novo Nordisk plans to spend $4.1 billion to build a facility in North Carolina to boost its ability to make Wegovy and Ozempic.
Louisiana has been sued by civil rights groups that claim its new law requiring the Ten Commandments to be displayed in public school classrooms is unconstitutional—a development the law’s backers expected.
Actor Tamayo Perry, best known for roles in Pirates of the Caribbean and Hawaii Five-0, died in a shark attack Sunday at age 49.
The Florida Panthers denied the Edmonton Oilers 2–1 in Game 7 to win their first Stanley Cup.
