US Stock Market: S&P 500 slips below 6,000, Dow barely in green; Nike, Apple rise; Walmart, NVIDIA fall

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US Stock Market Today, Dow Jones, S&P 500, Nasdaq: Wall Street benchmarks made a shortlived attempt to stage a recovery from the past week’s losses in late morning deals on Monday, as selling pressure in technology, consumer discretionary and utilities shares offset buying in spaces like financial, healthcare and consumer staples. Among index heavyweights, Nike, Apple and Merck gained while Walmart, NVIDIA and Amazon fell. Read on to learn more about noteworthy moves in the US share market in intraday trade on February 24.

The Dow Jones Industrial Average (DJIA) nearly reversed course shortly after inching higher following a mildly positive start to the day on Wall Street. The American technology stocks-heavy Nasdaq Composite turned gave up its entire gains for the year. A weaker-than-expected US business activity reading dented investor sentiment last week, fuelling concerns about the state of the world’s largest economy, with investors and analysts already gauging uncertainty surrounding President Donald Trump’s trade tariff announcements.

US Stock Market on February 24 | Here is how Dow Jones, S&P 500 & Nasdaq fared

At 11:03 am Eastern Time (9:33 pm in India), the DJIA was barely in the green, quoting 15.1 points higher for the day at 43,443.1. At the same time, the S&P 500 was down 20.4 points, or 0.3 per cent, at 5,992.7 while the Nasdaq was down 178.3 points, or 0.9 per cent, at 19,344.7.

One of the two American blue-chip indices, the Dow Jones gyrated in an 84-point range so far during the session—between 43,343.7 and 43,428.

US Market Stock-specific Action

Walmart shares remained under selling pressure after retailing giant’s worse-than-expected top- and bottom-line forecasts last week.

Top Dow Gainers vs Losers Today

As many as 11 Dow stocks traded in the red at the last count in late morning deals.

Stock

CMP ($)

Change (%)

Walmart Inc

92.7

-2.2

Microsoft Corp

403.0

-1.3

Amazon.com Inc

214.1

-1.2

Unitedhealth Group Inc

461.3

-1.1

JPMorgan Chase & Co

261.4

-1.1

NVIDIA Corp

133.3

-0.9

Boeing Co

179.9

1.6

Verizon Communications Inc

43.6

1.9

Amgen Inc

309.1

2.0

Merck & Co Inc

91.5

2.2

Travelers Companies Inc

248.4

3.5

Nike Inc

80.6

5.3

 Now, let’s take a look at the US technology pack. 

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Top Nasdaq Gainers vs Losers

Stock

CMP ($)

Change (%)

PDD Holdings Inc

120.15

-11.19

Palantir Technologies Inc

93.55

-7.8

Constellation Energy Corp

267.98

-16.46

CrowdStrike Holdings Inc

390.15

-16.53

Microstrategy Inc

290.54

-9.15

Meta Platforms Inc

669.85

-13.7

Intel Corp

24.54

-0.34

Microsoft Corp

403.26

-4.95

Tesla Inc

333.9

-3.9

Amazon.com Inc

214.16

-2.42

Netflix Inc

998.78

-4.37

Alphabet Class C

182.56

0.98

Alphabet Class A

180.69

1.03

Apple Inc

247.08

1.53

Dexcom Inc

90.74

1.96

Charter Communications Inc

369.05

8.05

IDEXX Laboratories Inc

463.35

10.58

T-Mobile US Inc

271.64

6.47

Regeneron Pharmaceuticals Inc

717.74

17.4

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With inputs from agencies