The U.S. stock market ended Tuesday on a mixed note, with the Nasdaq 100 and S&P 500 closing in the green, while the Dow Jones Industrial Average slipped slightly. Investor sentiment remained cautiously optimistic amid solid earnings and low volatility.
📈 S&P 500: 6,305.59 (+0.14%)
The S&P 500 closed at a new record high of 6,305.59, gaining 0.14% on the day. The index was boosted by strength in tech and communication services, as well as a generally positive tone in Q2 corporate earnings.
This marks the index’s third consecutive daily gain, as investors remain confident in the Fed’s stable interest rate stance and resilient corporate performance.
📈 Nasdaq 100: 23,180.06 (+0.50%)
The Nasdaq 100 outperformed, rising 0.50% to close at 23,180.06, driven by gains in mega-cap tech names such as Amazon, Nvidia, and Netflix. Traders appear to be rotating back into high-growth assets as inflation stabilizes and bond yields remain range-bound.
This continues a strong July performance for the tech-heavy index, which is now up more than 6% month-to-date.
📉 Dow Jones Industrial Average (Dow 30): 44,323.08 (−0.04%)
The Dow dipped slightly by 0.04%, closing at 44,323.08, as industrials and healthcare weighed on the blue-chip index. Names like 3M and UnitedHealth declined modestly, offsetting strength in financials.
Despite the small pullback, the Dow remains within striking distance of its recent highs, and analysts view today’s softness as routine profit-taking.
🧠 Market Takeaway
With earnings season in full swing, markets are showing selective strength, favoring tech and large-cap growth. Traders are watching closely for results from key players like Alphabet, Meta, and Microsoft later this week — outcomes that could further propel the Nasdaq and S&P upward.
For now, the overall tone remains bullish, with low volatility and steady economic data giving buyers the upper hand.
