Stock market today: Dow, NASDAQ eke out gains
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The Dow Jones Industrial Average hit a record close for a third day in a row ahead of the delayed January employment report. The Dow rose 52 points, or 0.1%. The S&P 500 fell 0.3%. The Nasdaq Composite dropped 0.6%, putting an end to the index’s two-day comeback streak.
Traders reacted to the release of the delayed January jobs report, which showed a gain of 130,000 on the month.
The tech-heavy Nasdaq, benchmark S&P 500, and blue-chip Dow Jones Industrial Average pulled back 2%, 1.6%, and 1.3%, respectively, with the Dow shedding 670 points. It was the Dow's second straight decline following a three-session winning streak that brought daily intraday and closing records.
A quiet finish for U.S. stocks masked big swings underneath the surface. The S&P 500 rose 0.1% Tuesday after swinging between a gain of 0.5% and a loss of nearly 1%.
Stock futures were near the flatline in overnight trading after a tepid session for U.S. equities. Futures tied to the Dow Jones Industrial Average lost 32 points, or 0.06%. S&P 500 futures fell 0.07%, while Nasdaq 100 futures slipped 0.1%.
Shares of Constellation Energy Corp. rose 5.05% to $303.01 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.10% to 6,843.22 and the Dow Jones Industrial Average rising 0.
The Dow Jones Industrial Average earlier this month closed above 50000 for the first time, prompting one very enthusiastic fan—namely President Donald Trump—to project that the index would double by January 2029.
The stock market rebounded in a big way Friday, Feb. 6 after various tech concerns fueled a lengthy plunge for much of the previous week.
The US stock market continues to see very little in the way of momentum, as traders are looking to politics, tariffs, labor, and the AI boom perhaps being overstated.
President Donald Trump hailed a historic Wall Street milestone Friday as the Dow Jones Industrial Average closed above 50,000 for the first time, a surge he attributed to his administration's aggressive trade policies.
The major stock indexes shook off early losses to eke out tiny gains on Tuesday at the outset of a holiday-shortened week that will be capped off by inflation and GDP data.