S&P 500 Hits Record Close as Investors Await Fed Decision and Big Tech Earnings
@DoTrading:
U.S. stocks delivered a mixed performance on Tuesday, with the $S&P 500(.SPX)$ closing at a new record as investors looked past uneven earnings results and positioned ahead of a critical Federal Reserve decision and a wave of Big Tech earnings. The S&P 500 rose 0.4% to 6,978, marking its fifth consecutive gain and a fresh all-time high. The Nasdaq Composite climbed 0.9%, pushing the tech-heavy index close to its own record level. In contrast, the Dow Jones Industrial Average fell 409 points (-0.8%), weighed down heavily by losses in healthcare stocks. Healthcare Drags the Dow Lower The Dow’s decline was largely driven by UnitedHealth Group, which sank after reporting disappointing quarterly earnings. The stock was further pressured by rep