S&P 500 Movers for Tuesday (12/28)

Movers and Shakers wrote a column · Dec 29, 2021 07:55

U.S. stocks were mixed Tuesday as the major stock indexes attempted to build on record highs in the final week of the year.

The $Dow Jones Industrial Average (.DJI.US)$ added 0.3%, to close at 36,398.21 in its fifth straight winning day. The $S&P 500 Index (.SPX.US)$ dipped 0.1% to 4,786.35 after reaching a fresh intraday high earlier in the session. The $Nasdaq Composite Index (.IXIC.US)$ fell nearly 0.6% to 15,781.72.

Covid drug makers closed lower amid the omicron developments. $Pfizer (PFE.US)$ fell 2% and $Moderna (MRNA.US)$ retreated 2.2%. Chip stocks that rallied in the previous session fell Tuesday. $NVIDIA (NVDA.US)$ dipped 2% and $Applied Materials (AMAT.US)$ pulled back about 1.9%.