US Stock Market Performance Analysis: Key Takeaways from Tuesday’s Trading, 5/7/2024

• U.S. stocks held relatively steady as trading on Wall Street calmed following some sharp recent swings.
• The S&P 500 rose 0.1% Tuesday, its fourth straight gain. The Dow Jones Industrial Average rose 0.1%, and the Nasdaq composite slipped 0.1%.
• Kenvue, the company behind Band-Aids and Tylenol, rose after topping analysts’ forecasts for profit and revenue.

Wall Street sees steady trading, with the S&P 500 and Dow Jones rising slightly while the Nasdaq slips. Kenvue shares rise after exceeding profit and revenue forecasts.

Wall Street Calms After Recent Swings

Following a period of sharp swings, trading on Wall Street has calmed, with U.S. stocks holding relatively steady. The S&P 500 rose 0.1% on Tuesday, marking its fourth straight gain, while the ... Read the full article for FREE at COINOTAG!