How major US stock indexes fared Tuesday, 10/29/2024
News > Business News
Audio By Carbonatix
4:23 PM on Tuesday, October 29, 2024
By The Associated Press
Rising technology stocks sent the Nasdaq composite to a record, but trading was mixed along the rest of Wall Street.
The S&P 500 rose 0.2% Tuesday, even though the majority of stocks in the index fell.
Gains for Microsoft, Meta Platforms and other influential Big Tech stocks helped lift indexes, including the 0.8% gain that pushed the Nasdaq to top the record it set in July.
The Dow Jones Industrial Average fell 0.4%.
Homebuilders and Ford Motor dropped to some of the sharpest losses following the latest profit reports. Treasury yields eased in the bond market.
On Tuesday:
The S&P 500 rose 9.40 points, or 0.2%, to 5,832.92
The Dow Jones Industrial Average fell 154.52 points, or 0.4%, to 42,233.05.
The Nasdaq composite rose 145.56 points, or 0.8%, to 18,712.75.
The Russell 2000 index of smaller companies fell 5.98 points, or 0.3%, to 2,238.09.
For the week:
The S&P 500 is up 24.80 points, or 0.4%.
The Dow is up 118.65 points, or 0.3%.
The Nasdaq is up 194.14 points, or 1%.
The Russell 2000 is up 30.09 points, or 1.4%.
For the year:
The S&P 500 is up 1,063.09 points, or 22.3%.
The Dow is up 4,543.51 points, or 12.1%.
The Nasdaq is up 3,701.40 points, or 24.6%.
The Russell 2000 is up 211.01 points, or 10.4%.
