Nasdaq, S&P 500 slip while Dow hits record high
Specialist Michael Pistillo, left, and trader Sean Spain work on the floor of the New York Stock Exchange, Tuesday. Luschini said investors are cautious ahead of the U.S. Federal Reserve's policy update due on Wednesday afternoon."We had a big move yesterday in the market," said Luschini, alluding to the S&P 500's 1.65 percent rally on Monday and Nasdaq's advance of more than 3 percent.
- ▪Specialist Michael Pistillo, left, and trader Sean Spain work on the floor of the New York Stock Exchange, Tuesday.
- ▪Luschini said investors are cautious ahead of the U.S.
- ▪Federal Reserve's policy update due on Wednesday afternoon."We had a big move yesterday in the market," said Luschini, alluding to the S&P 500's 1.65 percent rally on Monday and Nasdaq's advance of more than 3 percent.
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| Original publisher | Korea Times |
| Canonical URL | https://www.koreatimes.co.kr/world/20260617/nasdaq-sp-500-slip-while-dow-hits-record-high?utm_source=rss |
| Publication time | Wed, 17 Jun 2026 06:47:03 GMT |
| Retrieval time | 2026-06-17T06:50:08.693Z |
| Last seen | 2026-06-17T06:50:08.693Z |
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Opening excerpt (first ~120 words) tap to expand
Specialist Michael Pistillo, left, and trader Sean Spain work on the floor of the New York Stock Exchange, Tuesday. AP-YonhapThe Nasdaq Composite and the S&P 500 lost ground on Tuesday under pressure from technology stocks, while the Dow Jones Industrial Average touched a record high and SpaceX surpassed Amazon's market value to become the fifth-most valuable U.S. company.After rallying sharply on Monday on optimism about a U.S.-Iran peace deal, investors in the S&P 500 and the Nasdaq took a breather even as oil prices fell to their lowest levels since early March.
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