Most U.S. stocks rose and carried the market back to where it was before last week’s swoon.
The S&P 500 added 0.2 percent Tuesday after erasing a loss taken during the morning. It’s been bouncing around lately, coming off Monday’s vigorous rebound following its first losing week in four. The Dow Jones Industrial Average rallied 1.2 percent to a record, surpassing its prior all-time high set two weeks ago.
The Nasdaq composite lagged the market, though, as Nvidia got back to falling amid continued concerns that stocks caught up in the artificial-intelligence frenzy may have become too expensive. The Nasdaq dipped 0.3 percent.
On Tuesday:
The S&P 500 rose 14.18 points, or 0.2 percent, to 6,846.61.
The Dow Jones Industrial Average rose 559.33 points, or 1.2 percent, to 47,927.96.
The Nasdaq composite fell 58.87 points, 0.3 percent, to 23,468.30.
The Russell 2000 index of smaller companies rose 2.63 points, or 0.1 percent, to 2,458.28.
For the week:
The S&P 500 is up 117.81 points, or 1.8 percent.
The Dow is up 940.86 points, or 2 percent.
The Nasdaq is up 463.76 points, or 2 percent.
The Russell 2000 is up 25.45 points, or 1 percent.
For the year:
The S&P 500 is up 964.98 points, or 16.4 percent.
The Dow is up 5,383.74 points, or 12.7 percent.
The Nasdaq is up 4,157.51 points, or 21.5 percent.
The Russell 2000 is up 228.12 points, or 10.2 percent.
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.
