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Barchart
Barchart
Rich Asplund

INSANE: Stocks settle mixed as nasdaq 100 posts new record high - The Real Truth

The S&P 500 Index ($SPX) (SPY) Tuesday closed up +0.05%, the Dow Jones Industrials Index ($DOWI) (DIA) closed down -0.17%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +0.31%.

Stocks on Tuesday settled mixed, with the Nasdaq 100 posting a new all-time high.  Some positive corporate news underpinned Tuesday's broader market as Palantir Technologies closed up more than +6% after saying it was granted US government authorization for two of its cloud services.  Also, AT&T closed up more than +4% after predicting sustained profit growth over the next three years and authorizing a $20 billion share repurchase program.  In addition, Sysco closed up more than +4% after CFO Cheung said the market is getting better across all of its customer types, and he is confident in the outlook for Q2 and the full year. 

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