US stocks wobbled Tuesday, struggling to build on a broad tech-led rebound fueled by growing optimism that the Federal Reserve will deliver a rate cut next month as delayed economic data provided glimpses into consumer spending and price pressures.
The Dow Jones Industrial Average (^DJI) ticked 0.5% higher, while the S&P 500 (^GSPC) was roughly flat. The tech-heavy Nasdaq Composite (^IXIC) dropped nearly 0.5%, after Monday’s session delivered a strong start to the holiday-shortened trading week.
Stocks are looking to keep up the momentum that saw the Nasdaq Composite (^IXIC) surge in its bes
The Dow Jones Industrial Average (^DJI) ticked 0.5% higher, while the S&P 500 (^GSPC) was roughly flat. The tech-heavy Nasdaq Composite (^IXIC) dropped nearly 0.5%, after Monday’s session delivered a strong start to the holiday-shortened trading week.
Stocks are looking to keep up the momentum that saw the Nasdaq Composite (^IXIC) surge in its bes
26 days ago