The stock market has been a wild ride recently, with volatility increasing amid global economic uncertainty caused by the ongoing COVID-19 pandemic. Amid this volatility, it’s important to keep an eye on the performance of key market indicators such as the Dow Jones Average, S&P 500, and Nasdaq 100.
These indices track the performance of a select group of publicly traded companies and offer a snapshot of how the overall stock market is performing.
Dow Jones Industrial Average
On Tuesday, the Dow Jones Industrial Average saw a mix of gains and losses, with several notable companies experiencing significant changes in their stock prices. Among the Dow Jones’ risers were Dow Chemical Co., Caterpillar Inc., Verizon Communications Inc., Amgen Inc., Goldman Sachs Group Inc., and Visa Inc.
Many of these companies saw gains of more than 1%. On the other hand, several companies saw their stock prices fall, including Boeing Co., UnitedHealth Group Inc., Coca-Cola Co., Johnson & Johnson, Walmart Inc., and Merck & Co. Some of these companies experienced losses of up to 0.9%. Overall, the Dow Jones Industrial Average ended the session with a change of +0.56%.
The S&P 500 Index
The S&P 500 Index also saw notable movements in the recent trading session, with several companies posting gains and others experiencing losses. Nucor Corp, United Airlines Holdings Inc, Agilent Technologies Inc, and Zoetis Inc all saw impressive gains.
Other companies that performed well include Waters Corp, Idexx Laboratories Inc, Danaher Corp, Mettler Toledo International, and Freeport-McMoRan Inc. On the other hand, some top fallers in the index include Dish Network Corp, Illumina Inc, Mosaic Company, CF Industries Holdings Inc, and Kimco Realty Corp.
The Nasdaq 100
Similarly, the Nasdaq 100 also saw a mix of risers and fallers in the recent trading session, with Qurate Retail Inc, Idexx Laboratories Inc, BioMarin Pharmaceutical Inc, American Airlines Group, and Netflix Inc among the top performers.
On the other hand, Dish Network Corp, Illumina Inc, Intuit Inc, Workday Inc, and J.B. Hunt Transport Services Inc were among the top fallers, with losses of -6.26%, -6.20%, -1.68%, -1.67% and -1.27% respectively. Other companies that saw declines include Fiserv Inc, Check Point Software Technologies Ltd, Cadence Design Systems Inc, Adobe Systems Inc, and Tesla Inc.
It’s crucial to remember that the stock market is dynamic and ever-changing, and these indices may not reflect the performance of individual stocks. Therefore, as an investor, it is important to get your facts correct before you invest.
Therefore, it’s crucial to research and consults financial experts before making investment decisions. In addition, as you invest, it is important to remember your goals and do what works best for you.