How major US stock indexes fared Tuesday, 1/23/2024
Wall Street held at its record high as earnings reporting season for big U.S. companies got going
Wall Street held at its record high as earnings reporting season for big U.S. companies got going.
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The S&P 500 rose 0.3% Tuesday, notching another all-time high. The Dow Jones Industrial Average fell 0.3%, a day after topping 38,000 for the first time. The Nasdaq composite rose 0.4%.
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Big gains for Procter & Gamble and United Airlines following their latest profit reports helped to lift the market. But a sharp drop for 3M weighed on the Dow in particular. Johnson & Johnson also fell following its earnings report. Treasury yields were mixed, as were stock markets abroad.
On Tuesday:
The S&P 500 rose 14.17 points, or 0.3%, to 4,864.60.
The Dow Jones Industrial Average fell 96.36 points, or 0.3%, to 37,905.45.
The Nasdaq composite rose 65.66 points, or 0.4%, to 15,425.94.
The Russell 2000 index of smaller companies fell 7.11 points, or 0.4%, to 1,976.27.
For the week:
The S&P 500 is up 24.79 points, or 0.5%.
The Dow is up 41.65 points, or 0.1%.
The Nasdaq is up 114.98 points, or 0.8%.
The Russell 2000 is up 31.88 points, or 1.6%.
For the year:
The S&P 500 is up 94.77 points, or 2%.
The Dow is up 215.91 points, or 0.6%.
The Nasdaq is up 414.59 points, or 2.8%.
The Russell 2000 is down 50.81 points, or 2.5%.