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Wall Street fell further from its records.
The S&P 500 lost 0.6% Tuesday, its third straight loss after
setting its all-time high last week. The Dow Jones Industrial
Average inched up less than 0.1%, and the Nasdaq composite sank
1.5%.
Drops for Palantir Technologies, Nvidia and other stars bid up
because of the mania around artificial-intelligence technology
led the declines.
Home Depot helped keep the Dow steadier after standing by its
forecast for profit and revenue this year.
On Tuesday:
The S&P 500 fell 37.78 points, or 0.6%, to 6,411.37.
The Dow Jones Industrial Average rose 10.45 points, or less than
0.1%, to 44,922.27.
The Nasdaq composite fell 314.82 points, or 1.5%, to 21,314.95.
The Russell 2000 index of smaller companies fell 17.86 points,
or 0.8%, to 2,276.61.
For the week:
The S&P 500 is down 38.43 points, or 0.6%.
The Dow is down 23.85 points, or 0.1%.
The Nasdaq is down 308.02 points, or 1.4%.
The Russell 2000 is down 9.92 points, or 0.4%.
For the year:
The S&P 500 is up 529.74 points, or 9%.
The Dow is up 2,378.05 points, or 5.6%.
The Nasdaq is up 2,004.16 points, or 10.4%.
The Russell 2000 is up 46.45 points, or 2.1%.
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