Stock Market News
The U.S. stock market closed mixed on Tuesday as investors assessed inflation data and prepared for key earnings reports. While the S&P 500 and Dow Jones Industrial Average ended slightly higher, the Nasdaq Composite fell after a choppy session.Index Performance:
- Dow Jones Industrial Average: Up 0.52% to 42,518.3
- S&P 500: Up 0.11% to 5,842.9
- Nasdaq Composite: Down 0.23% to 19,044.4
Sector Highlights:
- Gainers: Utilities and financials led the session.
- Decliners: Communication services and healthcare were the biggest drags. Healthcare fell 0.94%, with Eli Lillydeclining 6.59% after issuing a weak sales forecast for its weight-loss drug, Zepbound.
Stock Movers:
- United Rentals: Jumped 5.9% after announcing a $4.8 billion acquisition of H&E Equipment Services, which soared 106%.
- Celanese: Rose 5.4% after being upgraded to "buy" by BofA Securities.
- Vistra (VST): Climbed 5.2%, fresh off massive 2024 gains of over 250%, as analysts praised its potential to meet energy demand driven by artificial intelligence data centers.
- Boeing: Dropped 2.08% after reporting its lowest annual jet deliveries since the pandemic.
The S&P 500 posted 8 new 52-week highs and 6 new lows, while the Nasdaq Composite recorded 36 new highs and 132 new lows.