U.S. indices finished Tuesday’s trading session mixed. Markets have been volatile after the Federal Reserve last Wednesday announced it would raise the key interest rate by 50 basis points. A recent gain in treasury yields has also weighed on technology and growth stocks.
- The Nasdaq composite finished higher by 1.30% to 12,345; The Invesco QQQ Trust Series 1 (NASDAQ:QQQ) gained 1.21% to $300.76
- The S&P 500 traded higher by 0.25% to 4,001; The SPDR S&P 500 ETF Trust (NASDAQ:SPY) gained 0.23% to $399.09
- The Dow Jones composite finished lower by 0.37% to 11,023; The SPDR Dow Jones Industrial Average ETF Trust (NASDAQ:DIA) finished lower by 0.24% at $321.83
Here are the day's winners and losers from the Dow Jones, according to data from Benzinga Pro.
SYSCO Corporation (NYSE:SYY), Fortinet Inc (NASDAQ:FTNT) and Microchip Technology Inc. (NASDAQ:MCHP) were among the top gainers for the SPY.
Dentsply Sirona Inc (NASDAQ:XRAY), Altria Group Inc (NYSE:MO) and Newell Brands Inc (NASDAQ:NWL) were among the top losers for the S&P 500.
Elsewhere On The Street
President Joe Biden delivered remarks on his economic policies and the challenges being faced by the nation on Tuesday, ahead of this week’s most closely watched economic report. Here's what investors need to know… Read More
The SPY recently hit its lowest level of 2022 this week despite overall first-quarter earnings numbers that are relatively solid… Read More
The U.K. government revoked the Moscow Exchange's status as a “recognized stock exchange” last week… Read More
