US Stock Market Closing Bell: Nasdaq Composie crashes over 250 pts, Dow up 160 pts; NVIDIA falls 3%
US Stock Market Close (February 25), Dow Jones, S&P 500, Nasdaq: Wall Street benchmarks—the Dow Jones Industrial Average (DJIA), the S&P 500 and the Nasdaq Composite—finished a largely negative session on a mixed note on Tuesday, after a weaker-than-expected consumer confidence reading dented investor confidence. Selling pressure in spaces like energy, technology and communication services weighed on the market, though buying in consumer staples, real estate and healthcare categories lent some support.
What rose and what fell? Among index heavyweighs, NVIDIA and Goldman Sachs fell 2-3 per cent for the day while Walmart and Home Depot were among the top gainers, rising 3-4 per cent.
Meanwhile, investors remained on the back foot fearing policy uncertainty after US President Donald Trump’s announcements this month that he would announce tariffs covering newer areas, in addition to previously announced plans to impose duties on imported cars, chips and drugs. Some analysts also said that concerns about demand for technology, especially AI, fuelled the sell-off in tech stocks.
US Stock Market on Tuesday, February 25 | Here is how Dow Jones, S&P 500 & Nasdaq fared at the closing bell
- DJIA: up 160 pts, or 0.4 per cent, at 43,621.2
- S&P 500: down 28 pts, or 0.5 per cent, at 5,955.3
- Nasdaq: 260.5 pts, or 1.4 per cent, at 19,026
Top Dow Gainers vs Losers
As many as 11 Dow stocks closed in negative territory.
|
Stock |
February 25 Close ($) |
Change (%) |
|
NVIDIA Corp |
126.6 |
-2.8 |
|
Goldman Sachs Group Inc |
614.9 |
-1.8 |
|
International Business Machines Corp |
257.8 |
-1.6 |
|
JPMorgan Chase & Co |
257.4 |
-1.5 |
|
Microsoft Corp |
397.9 |
-1.5 |
|
Amgen Inc |
315.6 |
1.9 |
|
Unitedhealth Group Inc |
470.4 |
1.9 |
|
Sherwin-Williams Co |
353.0 |
2.7 |
|
Home Depot Inc |
393.3 |
2.8 |
|
Walmart Inc |
97.7 |
4.3 |
Now, let’s take a look at the US technology-heavy Nasdaq pack.
Top Nasdaq Gainers vs Losers
Here’s how some of the prominent names fared in the basket:
|
Stock |
February 25 Close ($) |
Change (%) |
|
Microstrategy Inc |
250.5 |
-11.4 |
|
Tesla Inc |
302.8 |
-8.4 |
|
Applovin Corp |
377.1 |
-8.1 |
|
Intel Corp |
23.0 |
-5.3 |
|
Marvell Technology Inc |
93.0 |
-5.0 |
|
Alphabet Class A |
175.4 |
-2.1 |
|
Alphabet Class C |
177.4 |
-2.1 |
|
Meta Platforms Inc |
657.5 |
-1.6 |
|
Microsoft Corp |
397.9 |
-1.5 |
|
Netflix Inc |
977.2 |
-1.1 |
|
Apple Inc |
247.0 |
0.0 |
|
Cognizant Technology Solutions Corp |
84.8 |
0.3 |
|
Amgen Inc |
315.6 |
1.9 |
|
Costco Wholesale Corp |
1055.7 |
1.9 |
|
Linde PLC |
467.5 |
2.0 |
|
Keurig Dr Pepper Inc |
34.9 |
2.4 |
|
O’Reilly Automotive Inc |
1346.6 |
2.4 |
With inputs from agencies
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