- The major Wall Street indices are trading mixed on Tuesday.
- The upward revision of GDP growth in the third quarter does not boost sentiment.
- The S&P 500 Technology Index is the best performer after the opening bell.
The major stock indices in US trading they changed little Tuesday amid a lack of interest in financial markets ahead of the Christmas holidays. At time of writing, the Nasdaq Composite posted small daily gains at 12,694, the S&P 500 Index was down 0.13% to 3,690, and the Dow Jones Industrial Average was losing 0.3% to 30,128.
Earlier in the day, the U.S. Bureau of Economic Analysis announced that it revised third-quarter annual Gross Domestic Product (GDP) growth to 33.4% from 33.1% in its previous estimate, but this data was largely ignored. measured by market participants. Later in the session, the Conference Board’s Consumer Confidence Index will be considered for new catalysts.
Among the top 11 sectors in the S&P 500, the Technology Index is up 0.6% as the top performer in early trading. On the other hand, the Energy Index is down 0.55%.
S&P 500 chart (daily)
.
Donald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and informative content that resonates with readers across a spectrum of financial topics. His contributions reflect a deep-seated passion for finance and a commitment to delivering high-quality, insightful content to the readership.
