A rebound for Nvidia propped up a weakened Wall Street and kept U.S. stock indexes close to their records.
The S&P 500 rose 0.4% Tuesday and neared its all-time high set a week earlier. The Nasdaq composite leaped 1.3% for its first gain in four days. Such strength came even as the majority of stocks on Wall Street outside artificial-intelligence winners fell. The Dow Jones Industrial Average, which doesn’t include Nvidia among its members, was a laggard and slumped 0.8%.
Treasury yields were relatively steady after a report showed consumer confidence is a touch better than expected.
On Tuesday:
The S&P 500 rose 21.43 points, or 0.4%, to 5,469.30.
The Dow Jones Industrial Average fell 299.05 points, or 0.8%, to 39,112.16.
The Nasdaq composite rose 220.84 points, or 1.3%, to 17,717.65.
The Russell 2000 index of smaller companies fell 8.47 points, or 0.4%, to 2,022.35.
For the year:
The S&P 500 is up 4.68 points, or 0.1%.
The Dow is down 38.17 points, or 0.1%.
The Nasdaq is up 28.29 points, or 0.2%.
The Russell 2000 is up 0.31 points, or less than 0.1%.
For the year:
The S&P 500 is up 699.47 points, or 14.7%.
The Dow is up 1,422.62 points, or 3.8%.
The Nasdaq is up 2,706.30 points, or 18%.
The Russell 2000 is down 4.73 points, or 0.2%.
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