The S&P 500 Index ($SPX) (SPY) closed up +0.36% on Tuesday, the Dow Jones Industrial Average ($DOWI) (DIA) closed down -0.38%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +0.68%. December E-mini S&P futures (ESZ26) rose +0.36%, and December E-mini Nasdaq futures (NQZ26) rose +0.70%.
US stock indexes settled mixed on Tuesday, as the broader market rose as chipmakers and AI-infrastructure stocks rebounded from Monday’s sharp losses. Market sentiment also improved after crude oil prices erased overnight gains and turned lower on reports of US-Iran diplomacy, when the Al Araby news service reported that the US approved a draft memorandum of understanding the Qatari delegation presented to Iran. Stocks also found support on signs of strength in the US economy after Sep JOLTS job openings and Sep factory orders rose more than expected.
