Nasdaq Composite surging on strong corporate earnings while the Dow Jones Industrial Average edged lower (Photo source: Pexels) Show Quick Read Summary is AI Generated. Newsroom Reviewed
US stock markets opened mixed on Tuesday, with the tech-heavy Nasdaq Composite surging on strong corporate earnings while the Dow Jones Industrial Average edged lower, as participants saw both corporate strength and persistent macroeconomic fears that needed to be weighed.
The Dow Jones Industrial Average was up 45 points, or 0.1%. While the S&P 500 slipped 0.1%, and the Nasdaq Composite was down 0.2%. The benchmark S&P 500 hovered near the flatline in early trading, consolidating Monday’s gains.
The S&P 500 hovered near the flatline, and the Dow dipped slightly by 0.1%, weighed down by rate-sensit