How major US stock indexes fared Tuesday

Associated Press |

A seven-day surge in technology stocks ended Tuesday after President Donald Trump blocked Singapore-based chipmaker Broadcom's effort to buy Qualcomm. Trump said he opposed the $117 billion deal because it could have been detrimental to national security.

On Tuesday:

The S&P 500 index gave up 17.71 points, or 0.6 percent, to 2,765.31.

The Dow Jones industrial average declined 171.58 points, or 0.7 percent, to 25,007.03.

The Nasdaq composite retreated 77.31 points, or 1 percent, to 7,511.01.

The Russell 2000 index of smaller-company stocks slumped 9 points, or 0.6 percent, to 1,592.05.

For the week:

The S&P 500 is down 21.26 points, or 0.8 percent.

The Dow is down 328.71 points, or 1.3 percent.

The Nasdaq is down 49.80 points, or 0.7 percent.

The Russell 2000 is down 5.09 points, or 0.3 percent.

For the year:

The S&P 500 is up 91.70 points, or 3.4 percent.

The Dow is up 287.81 points, or 1.2 percent.

The Nasdaq is up 607.62 points, or 8.8 percent.

The Russell 2000 is up 56.54 points, or 3.7 percent.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer

Comments

What Is Petrolithium?

MGX Minerals explains the advantages of petrolithium and how they are helping to solve future problems today.

Emerging Growth

Investview Inc

Investview Inc is an investor technology and education company. It provides products that allow the individual investor to find, analyze, track, and manage their portfolio.