US Stock Market: Mixed Close for Major Indexes on Tuesday

IconCryptoNewsTerminal Staff08 Jul, 2024

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US Stock Market: Mixed Close for Major Indexes on Tuesday

The U.S. stock market's three major indexes finished choppily on Tuesday, with the S&P 500 and NASDAQ posting modest gains, while the DOW Jones Industrial Average edged lower. S&P 500: +0.10% NASDAQ: +0.28% * DOW: -0.08% The mixed performance comes amidst a period of uncertainty in the market, with investors weighing the impact of geopolitical tensions, rising inflation, and the Federal Reserve's monetary policy tightening. Despite the modest gains for the S&P 500 and NASDAQ, the overall market sentiment remains cautious as investors await further cues on the economic outlook. ```