Rising technology stocks sent the Nasdaq composite to a record, but trading was mixed along the rest of Wall Street. The S&P 500 rose 0.2 percent Tuesday, even though the majority of stocks in the index fell.
Gains for Microsoft, Meta Platforms and other influential Big Tech stocks helped lift indexes, including the 0.8 percent gain that pushed the Nasdaq to top the record it set in July. The Dow Jones Industrial Average fell 0.
4 percent. Homebuilders and Ford Motor dropped to some of the sharpest losses following the latest profit reports. Treasury yields eased in the bond market.
On Tuesday: The S&P 500 rose 9.40 points, or 0.2 percent, to 5,832.
92. The Dow Jones Industrial Average fell 154.52 points, or 0.
4 percent, to 42,233.05. The Nasdaq composite rose 145.
56 points, or 0.8 percent, to 18,712.75.
The Russell 2000 index of smaller companies fell 5.98 points, or 0.3 percent, to 2,238.
09. For the week: The S&P 500 is up 24.80 points, or 0.
4 percent. The Dow is up 118.65 points, or 0.
3 percent. The Nasdaq is up 194.14 points, or 1 percent.
The Russell 2000 is up 30.09 points, or 1.4 percent.
For the year: The S&P 500 is up 1,063.09 points, or 22.3 percent.
The Dow is up 4,543.51 points, or 12.1 percent.
The Nasdaq is up 3,701.40 points, or 24.6 percent.
The Russell 2000 is up 211.01 points, or 10.4 percent.
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How Major US Stock Indexes Fared Oct. 29
Rising technology stocks sent the Nasdaq composite to a record, but trading was mixed along the rest of Wall Street. The S&P 500 rose 0.2 percent Tuesday, even though the majority of stocks in the index fell. Gains for Microsoft, Meta Platforms and other influential Big Tech stocks helped lift indexes, including the 0.8 percent [...]