untitled design

S&P 500 Index opens lower after five-day rally

  • The major Wall Street indices are trading in negative territory.
  • All major sectors fell after the opening bell on Tuesday.

The main US stock indices They opened in negative territory after posting gains on Monday. The S&P 500 Index, which hit a new all-time high of 4,422 on Monday, is shedding 0.5% at 4,399, the Dow Jones Industrial Average is down 0.73% at 34,888 and the Nasdaq Composite is down 0.33% at 15,080.

Hours earlier, data released by the US Census Bureau showed durable goods orders rose 0.8% month-on-month in June, compared to the market’s expectation of 2.1%.

Meanwhile, all major sectors of the S&P 500 are down after Tuesday’s opening bell. At the moment, the Energy Index is the worst performer, losing 1.5% on the day. On the other hand, the real estate index is losing only 0.07%.

S&P 500 chart (daily)

.
Source Link

You may also like

BlackRock CEO is bullish on Bitcoin
Top News
David

BlackRock CEO is bullish on Bitcoin

BlackRock CEO Larry Fink expressed “pleasant surprise” at the interest among retail investors in the company’s spot Bitcoin ETF in

Get the latest

Stay Informed: Get the Latest Updates and Insights

 

Most popular