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As the Benchmark Seeks to Recover from its Worst Day in Over Two Years, the S&P 500 Rises

The S&P 500 increased on Tuesday as worldwide markets dropped off, causing the broad index to have its worst day in over two years.

The benchmark increased in value by 0.2%. By one point, or 0.2%, the Dow Jones Industrial Average increased. A 0.2% decline was seen in the tech-heavy Nasdaq Composite.

Following a precipitous decline on Monday, a number of significant technology stocks rose. While Meta gained more than 1%, Nvidia increased by 2.6%. Apple, however, dropped 2% and kept on declining.

The recovery in Japanese stocks was encouraging. The Nikkei 225 rose 10.2%, marking the highest day since October 2008. That increase occurs one day after the benchmark saw its largest daily loss since 1987—a 12.4% decrease.

Source (CNBC)

SourceCNBC
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