The S&P 500 Index ($SPX) (SPY) Tuesday closed down -0.43%, the Dow Jones Industrials Index ($DOWI) (DIA) closed down -0.07%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -0.87%. March E-mini S&P futures (ESH25) are down -0.37%, and March E-mini Nasdaq futures (NQH25) are down -0.86%.
Stocks on Tuesday shed early gains and settled moderately lower, with the S&P 500 and the Nasdaq 100 posting 1-week lows. T-note yields gave up an early decline on Tuesday and pushed higher, which dragged chip stocks lower and weighed on the broader market. On the positive side, energy stocks rallied after WTI crude oil climbed to an 8-week high.
