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How major US stock indexes fared Tuesday, 2/6/2024

How major US stock indexes fared Tuesday, 2/6/2024

ABC News
Tuesday, February 06, 2024 10:08:54 PM UTC

Most of Wall Street ticked higher as the bond market calmed down following some sharp swings

Most of Wall Street ticked higher as the bond market calmed down following some sharp swings.

The S&P 500 rose 0.2% Tuesday and nearly returned to its record set at the end of last week. The Dow Jones Industrial Average gained 0.4%, and the Nasdaq composite added 0.1%.

GE Healthcare Technologies was one of the market’s top stocks after reporting better profit than expected, and Palantir Technologies soared as it continues to ride Wall Street’s frenzy around artificial intelligence. They helped offset a drop for FMC, whose profit fell short of forecasts. Treasury yields eased after charging higher in recent days.

On Tuesday:

The S&P 500 rose 11.42 points, or 0.2%, to 4,954.23.

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