- The major Wall Street indices are trading mixed on Tuesday.
- The Dow Jones Industrial Average is holding on to modest gains.
- Falling tech stocks weighs on the Nasdaq Composite at the time of the open.
The main stock indices have started the second day of the week in a mixed wayas Monday’s rebound in risk appetite appears to have lost its grip on financial markets. At time of writing, the Dow Jones Industrial Average is up 0.2% on the day at 29,212, while the S&P 500 and Nasdaq Composite are down 0.4% and 1.2%, respectively.
Among the top 11 sectors of the S&P 500, the communication services index and the technology index fall more than 1% in the first operations. On the other hand, defensive sectors, Real Estate and Utilities, cling to modest gains after the opening bell.
The main actions of cruise companies, which posted impressive gains following the optimism of the coronavirus vaccine on Monday, have the biggest percentage drops of the day. At the moment, the shares of Carnival Corp, Norwegian Cruise Line Holdings Ltd and Royal Caribbean Cruises Ltd have fallen between 6.5% and 4%.
S&P 500 daily chart
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Credits: Forex Street
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