How major US stock indexes fared Tuesday, 10/22/2024
U.S. stocks drifted to a mixed close after erasing most of their losses from earlier in the day
By The Associated Press
Published - Oct 22, 2024, 04:26 PM ET
Last Updated - Dec 16, 2024, 06:06 PM EST
U.S. stocks drifted to a mixed close after erasing most of their losses from earlier in the day.
The S&P 500 slipped a bit less than 0.1% Tuesday, marking its first back-to-back loss in a month and a half. The Dow Jones Industrial Average ended essentially flat. Like the S&P 500, it’s been on a long, record-breaking rally and set its latest all-time high on Friday. The Nasdaq composite rose 0.2%, lifted by gains in several Big Tech stocks including Microsoft.
GE Aerospace tumbled after reporting weaker-than-expected revenue. That helped offset General Motors’ best day since 2020 after it delivered stronger profit than expected.
On Tuesday:
