The stock market closed higher on Tuesday after a late rally, with the Dow Jones Industrial Average leading the way and other indexes also seeing modest gains. The day saw small gains for the S&P 500 and Nasdaq, while the small-cap Russell 2000 outperformed the major indexes with a nearly 0.9% jump. The stock market’s major movers included tech giants like Meta Platforms, Apple, and Microsoft, as well as notable performances from other companies such as Tesla, Xylem, and Super Micro Computer.
Meanwhile, there were mixed results for some stock market shakers, as Palantir Technologies jumped significantly in value, while Spotify, Rambus, and DocuSign experienced fluctuations. Additionally, Symbotic, Fabrinet, and Vertex faced significant declines despite their prior success in the market.
In terms of stock market action, Super Micro Computer and GE HealthCare Technologies both hit new highs while pharmaceutical companies like Eli Lilly and BP also had important developments. These included fourth-quarter earnings and sales estimates, as well as projections for the upcoming quarter. In all, the day’s movements in the stock market signified a variety of outcomes for major players in the industry, with positive and negative performances across different sectors.