Stocks went in different directions again on Tuesday, only this time it was blue-chip. Dow Jones Industrial Average that was delayed. In fact, a rebound in tech stocks helped the S&P 500 and Nasdaq Composite break their three-day losing streaks.
Looking ahead to Tuesday's operations, NVIDIA (NVDA ) had lost nearly 13% since hitting an all-time closing high on June 18, giving back more than $430 billion in market value and entering correction territory along the way. But today, the chipmaker resumed its ways to beat the market Market cover
Nvidia's rebound boosted other large-cap tech stocks, including Arms (ARM +6.3%) and Semiconductor manufacturing in Taiwan (SST +2.9%).
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As a result, the Nasdaq (+1.3% to 17,717) and the S&P 500 (+0.4% to 5,469) posted solid gains. However the Dow Jones Industrial Average fell 0.8% to 39,112, as retail stocks House deposit (High Definition -3.6%) and Walmart (WMT -2.2%) decreased.
Boeing sinks on Airbus profit warning
boeing (licensed in letters ) was also one of the worst Dow Jones Stocks
In other Boeing news, a Bloomberg report AeroSystems Spirit (ESP -4.0%) for $4.08 billion, or $35 per SPR share.
The carnival appears in a quarter of shake and rise
Elsewhere, Carnival (CCL ) rose 8.7% after the cruise operator beat revenue and results estimates for its fiscal third quarter and raised its annual profit forecast for the second time this year due to strong demand trends.
"While the anticipated full-year 2025 booked position is even higher than 2024 in both price (in constant currency) and occupancy," Carnival said in your results publication
Consumer confidence falls in June
Meanwhile, on the economic calendar Consumer confidence index Dana Peterson
"While consumers have become a little more cautious about the future, they feel pretty good about the current situation," he says. Jeffrey Roach Inflation Work market
This makes Friday morning's release of the May Personal Consumer Price and Expenditure (PCE) Index โ the Federal Reserve's favorite inflation measure that tracks consumer spending โ even more important.
Markets could become choppy if the data comes in hotter than expected, Roach adds.
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