US Stock Market's Three Major Indices Close Mixed Amidst Volatility

IconCryptoNewsTerminal Staff06 Jun, 2024

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US Stock Market's Three Major Indices Close Mixed Amidst Volatility

The three major US stock indices closed mixed on Tuesday, with the S&P 500 and Nasdaq declining slightly while the Dow Jones Industrial Average managed to eke out a small gain. The S&P 500 lost 0.02%, bringing its year-to-date loss to 2.6%. The Nasdaq lost 0.09%, widening its year-to-date decline to 8.7%. The Dow Jones Industrial Average, on the other hand, rose 0.20%, reducing its year-to-date loss to 1.6%. The mixed performance of the indices came amid continued market volatility, as investors weigh concerns about rising interest rates and slowing economic growth against signs of resilience in corporate earnings.