How Major US Stock Indexes Fared Feb. 20

How Major US Stock Indexes Fared Feb. 20
(TY Lim/Shutterstock)
The Associated Press
2/20/2024
Updated:
2/20/2024
0:00

Technology stocks led Wall Street broadly lower as chipmaker Nvidia pulled back ahead of its earnings report this week.

The S&P 500 fell 0.6 percent Tuesday. The benchmark index is coming off only its second losing week in the last 16.

The Nasdaq composite gave up 0.9 percent and the Dow lost 0.2 percent.

Nvidia, which has ridden a wave of investor enthusiasm over artificial intelligence, lost 4.4 percent. The stock has more than tripled over the past year.

Walmart rose 3.2 percent after reporting stronger-than-expected results for its latest quarter and issuing sales forecasts that came in ahead of what Wall Street was expecting.

On Tuesday:

The S&P 500 fell 30.06 points, or 0.6 percent, to 4,975.51.

The Dow Jones Industrial Average fell 64.19 points, or 0.2 percent, to 38,563.80.

The Nasdaq composite fell 144.87 points, or 0.9 percent, to 15,630.78.

The Russell 2000 index of smaller companies fell 28.60 points, or 1.4 percent, to 2,004.14.

For the year:

The S&P 500 is up 205.68 points, or 4.3 percent.

The Dow is up 874.26 points, or 2.3 percent.

The Nasdaq is up 619.43 points, or 4.1 percent.

The Russell 2000 is down 22.93 points, or 1.1 percent.

The Epoch Times copyright © 2024. The views and opinions expressed are those of the authors. They are meant for general informational purposes only and should not be construed or interpreted as a recommendation or solicitation. The Epoch Times does not provide investment, tax, legal, financial planning, estate planning, or any other personal finance advice. The Epoch Times holds no liability for the accuracy or timeliness of the information provided.

Related Topics