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

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.

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

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Top Nasdaq Gainers vs Losers

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With inputs from agencies