Wall Street slipped a bit further from its record heights.
The S&P 500 fell 0.3% Tuesday for its third straight modest drop. The Dow Jones Industrial Average slipped 0.1%, and the Nasdaq $NDAQ composite fell 0.4%.
Stock indexes were up for much of the day, thanks to gains for Tesla $TSLA and other Big Tech stocks. But a late-day drop for Nvidia $NVDA ended up helping to pull the overall market lower. Trump Media & Technology Group jumped 16% in its first day of trading under the ticker symbol that uses former President Donald Trump’s initials. Treasury yields slipped following mixed economic reports.
On Tuesday:
The S&P 500 fell 14.61 points, or 0.3%, to 5,203.58.
The Dow Jones Industrial Average fell 31.31 points, or 0.1%, to 39,282.33.
The Nasdaq composite fell 68.77 points, or 0.4%, to 16,315.70.
The Russell 2000 index of smaller companies fell 4 points, or 0.2%, to 2,070.16.
For the week:
The S&P 500 is down 30.60 points, or 0.6%.
The Dow is down 193.57 points, or 0.5%.
The Nasdaq is down 113.12 points, or 0.7%.
The Russell 2000 is down 1.83 points, or 0.1%.
For the year:
The S&P 500 is up 433.75 points, or 9.1%.
The Dow is up 1,592.79 points, or 4.2%.
The Nasdaq is up 1,304.35 points, or 8.7%.
The Russell 2000 is up 43.09 points, or 2.1%.