US market close: Nasdaq, S&P fall as Dow holds small gain
By Joseph Toppe
21:00, 28 December 2021
The big US gauges are mostly lower on Tuesday, putting an end to a week of combined winning sessions for the three benchmarks.
The Dow Jones Industrial Average went up 96 points, or 0.27%, the S&P 500 sank 0.1%, while the Nasdaq Composite slipped 0.56%.
Halfway through the session, the Dow Jones Industrial Average was hovering around a 0.42% gain, the S&P 500 was sitting near a 0.05% improvement, while the Nasdaq Composite was down around 0.33%.
Winners and losers: Vaccine shares mixed
In the tech industry, shares of Advanced Micro Devices (AMD) dipped 0.78% lower, while Nvidia went down 2.1%.
In other tech stock, shares of Apple are off by 0.58%, Meta Platforms held a slight advantage with a 0.012% pop, as Microsoft went 0.35% lower and Amazon spiked 0.58% in the green.
Travel stocks rebounded on Tuesday as shares of American Airlines are 2.04% higher, Delta Airlines is 1.62% better, while Southwest Airlines is up 1.27% and United Airlines is 1.55% in positive territory.
As US Omicron cases are predicted to spike throughout winter, shares of Pfizer are 2.1% lower, Moderna slipped 2.3% and Johnson & Johnson went 0.4% higher.
What is your sentiment on PFE?
Oil: Crude ends fifth day of gains
Oil futures are up on Tuesday as West Texas Intermediate crude for February delivery traded 41 cents, or 0.5%, higher to settle at $75.98 a barrel on the New York Mercantile Exchange.
February Brent crude, the global benchmark, improved 34 cents, or 0.4%, to trade at $78.94 a barrel on ICE Futures Europe.
In energy stock, shares of Exxon Mobil are down by 0.32%, ConocoPhillips is 0.12% lower, while Hess and Chevron are off by 0.44% and 0.18% respectively.
Gold: Precious metal climbs higher
Gold futures rose before midweek with February gold jumped $2.10, or 0.1%, higher to end at $1,810.90 an ounce.
Yesterday, the yellow metal suffered a 0.2% dip.
Crypto: Digital assets fall into decline before midweek
Prominent cryptocurrencies are lower on Tuesday after spending most of the Christmas weekend and Monday in positive territory.
Bitcoin is down 6.41%, Ethereum is off by 5.94%, while Litecoin and Monero are both lower by 7.75% and 7.81% respectively.
Forex: Pound holds ground on US buck
On Tuesday, one US dollar equals $0.88 of the euro, $1.28 of the Canadian dollar, $1.38 of the Australian dollar, and $0.74 of the Pound sterling.
The yield on the benchmark 10-year Treasury note was unchanged at 1.48%.
Read more: Cloudflare ranking shows evolving consumer web preferences
Markets in this article
Related topics