Major U.S. indices swung sharply Tuesday, with tech-heavy Nasdaq leading losses while the Dow closed marginally positive.
U.S. stocks experienced sharp intraday volatility Tuesday, with the Nasdaq Composite falling as much as 3.5% before trimming losses. The tech-heavy index underperformed as investors rotated out of high-growth sectors amid rising bond yields and macroeconomic uncertainty.
The Dow Jones Industrial Average bucked the trend, closing 0.1% higher after recovering from early declines. The S&P 500 ended the session lower but off its worst levels, reflecting mixed sentiment across sectors. Tuesday’s moves followed a choppy trading week marked by inflation concerns and shifting Fed policy expectations.
Stocks to watch in after-hours trading included Cracker Barrel (CBRL), Innovative Industrial Properties (IIPR), and Globe Life (GO), though specific catalysts were not detailed in the session’s broader market context.