U.S. stock markets closed lower on Tuesday with declines in the technology, consumer goods and consumer services sectors. The Dow Jones Industrial Average fell 0.07%, the S&P 500 fell 0.43% and the tech-heavy Nasdaq Composite Index fell 0.88%.
In the Dow, Nike Inc. (NKE, Financials) rose 1.37% to $75.67, followed by Chevron Inc. (CVX, Financials), which rose 1.24%. Meanwhile, NVIDIA Corporation (NVDA, Financials) Next, the index was hit by NVDA, dropping an astonishing 2.33%.
Meanwhile, in the S&P 500 index, the top stocks of Moderna, APA Corporation, and Marathon Petroleum Corporation rose 2.99% and 2.88%, respectively. However, notable decliners in Tesla Inc. (TSLA, Financials) included Amentum Holdings LLC, which fell 5.7% and 3.25%, respectively.
Other stocks on the Nasdaq Composite, including Baird Medical Investment Holdings and BDMD, surged an impressive 623.81%, while Aptorum Group and Coptis Therapeutics Holdings each posted triple-digit gains. . However, the biggest laggard in Energous Co. was WATT), which plummeted $61.8.
February gold futures prices rose 0.79% to $2,638.69 per ounce, while oil prices also surged, with February WTI crude oil rising 1.10% to $6,71.77 per barrel.
Traders battled through a mixed session. On the New York Stock Exchange, advanced stocks outnumbered loss-making stocks by 1,749 to 1,045. However, the loss amount was higher at 1,567 cases, which was 1,707 cases lower than 1,576 cases. The CBOE Volatility Index, a regular indicator of market unrest, fell 0.29% to 17.35.
This article first appeared on GuruFocus.
