Wall Street slipped a bit further from its record heights.
The S&P 500 fell 0.3 percent Tuesday for its third straight modest drop. The Dow Jones Industrial Average slipped 0.1 percent, and the Nasdaq composite fell 0.4 percent.
Stock indexes were up for much of the day, thanks to gains for Tesla and other Big Tech stocks. But a late-day drop for Nvidia ended up helping to pull the overall market lower. Trump Media & Technology Group jumped 16 percent in its first day of trading under the ticker symbol that uses former President Donald Trump’s initials. Treasury yields slipped following mixed economic reports.
On Tuesday:
The S&P 500 fell 14.61 points, or 0.3 percent, to 5,203.58.
The Dow Jones Industrial Average fell 31.31 points, or 0.1 percent, to 39,282.33.
The Nasdaq composite fell 68.77 points, or 0.4 percent, to 16,315.70.
The Russell 2000 index of smaller companies fell 4 points, or 0.2 percent, to 2,070.16.
For the week:
The S&P 500 is down 30.60 points, or 0.6 percent.
The Dow is down 193.57 points, or 0.5 percent.
The Nasdaq is down 113.12 points, or 0.7 percent.
The Russell 2000 is down 1.83 points, or 0.1 percent.
For the year:
The S&P 500 is up 433.75 points, or 9.1 percent.
The Dow is up 1,592.79 points, or 4.2 percent.
The Nasdaq is up 1,304.35 points, or 8.7 percent.
The Russell 2000 is up 43.09 points, or 2.1 percent.
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