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Stocks fell for a second session Tuesday, as steep declines in major tech names such as Apple dragged the broader market further from record highs recently reached. The Nasdaq Composite pulled back by 1. The Dow Jones Industrial Average lost Tuesday's moves come as investors continue to digest the market's recent rally to all-time highs, djia futures cnbc, which djia futures cnbc been powered by optimism around artificial intelligence.

Stocks closed higher Monday as traders awaited a deluge of corporate earnings reports and shrugged off a rise in Treasury yields. The Dow Jones Industrial Average traded Nike and Travelers Companies led the Dow higher on Monday with advances of around 2. Those results will follow a solid start to the reporting period. Brokerage Charles Schwab rallied 4.

Djia futures cnbc

Futures linked to the Nasdaq rose Wednesday, following a sharp sell-off for all three major averages. Nasdaq futures climbed about 0. The action comes after the three major averages notched a second consecutive day of declines. The Dow dropped Investors dumped large-cap tech names, fueling Tuesday's losses and notching the worst day since Jan. He added that, "It's really just the tech stocks melting down and everything else rallying, so it's a more rotational market than a straight-down market. They will be seeking additional clarity on where the central bank stands on monetary policy and looking for clues on the pace and timing of anticipated interest rate cuts this year. While the market will likely react to Powell's commentary, Hatfield thinks that his remarks should not come as a surprise to investors. Eight Australian companies have made commitments to invest around 5. This comes a day after Malaysian prime minister Anwar Ibrahim reportedly said major Australian companies have shown interest to invest about RM

What the pros have to say. A chunk of that downward pressure was tied to the tough session for tech stocks.

Skip Navigation. Investing Club. Analyst explains what's behind nickel's volatility. El Nino is approaching and your next cup of coffee could be at risk. Lee Ying Shan Tue, Jun 6th

The Dow Jones Industrial Average was little changed, gaining just 0. The tech-heavy Nasdaq Composite advanced 0. The broad market index is up by 3. In December, the Dow is higher by 3. The Dow also posted an intraday record on Friday, while the Nasdaq registered a new closing high.

Djia futures cnbc

Wall Street also turned its eyes to Washington as the Federal Reserve kicked off its two-day policy meeting. The broad market index dipped 0. The Dow Jones Industrial Average added 66 points, or about 0. Chip darling Nvidia pulled back 3. A recent slate of worrying inflation reports has investors concerned that the central bank could signal interest rates will remain higher for longer than expected. According to the report, Nordstrom has asked investment banks Morgan Stanley and Centerview Partners to reach out to private equity firms to understand the interest for a potential deal. The founding family group previously, and unsuccessfully, attempted to take Nordstrom private in Shares of the struggling U.

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Investing Club. Read the full list of stocks on the move here. Excluding food and energy, prices were up 0. The EV maker halted production at its Berlin plant Tuesday after a power outage due to a nearby substantiation fire, Reuters reported, citing a German newspaper. Analyst explains what's behind nickel's volatility. Najarian: If it's a pullback, this is just the beginning. Analyst David Risinger cited an expanding earnings multiple and pipeline newsflow as catalysts. Technology stocks underperformed on Tuesday, pushing the Nasdaq Composite and concentrated Nasdaq down about 2. He said an increase would help earnings growth, though it could be offset by some temporary discounting the retailer does to remind its members of the value it offers. Additionally, the firm sees reason to stay positive on future market performance, even as the major indexes sit near record highs. The U. These drugs mimic the effect of stomach hormones and help regulate blood sugar and calm cravings for food. They want value and they want convenience.

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The firm upgraded the healthcare stock to buy on Monday and said the company's recent earnings beat will drive its valuation higher. He added that his fund remains focused on companies that are "going to suckle on the necessities spending of the households formed by the 92 million millennials" in the U. These drugs mimic the effect of stomach hormones and help regulate blood sugar and calm cravings for food. Investors should lower their expectations for credit card companies ahead of the third-quarter earnings season, Oppenheimer analyst Dominick Gabrielle said in a note to clients. The stock appears like it's distributing "and it looks like it's an elongated consolidation," deGraaf added. The firm cited Alignment's four-star Medicare rating , as well as its renewed focus on growth and its valuation. Cramer warns about buying positive market openings during this weak period. The three major indexes diverged last week amid volatile trading. The investment bank cited valuation and the potential for gross margin upside. The underwhelming debut could tamp down enthusiasm about the IPO market, which has just started to reopen after the sharp decline for stocks in Treasury yields moved lower following the release. Futures linked to the Nasdaq rose Wednesday, following a sharp sell-off for all three major averages.