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VOL. 48 | NO. 12 | Friday, March 22, 2024
Wall Street pulls back further from its all-time highs
NEW YORK (AP) — Wall Street slipped a bit further from its record heights.
The S&P 500 fell 0.3% Tuesday for its third straight modest drop. The Dow Jones Industrial Average slipped 0.1%, and the Nasdaq composite fell 0.4%.
Stock indexes were up for much of the day, thanks to gains for Tesla and other Big Tech stocks. But a late-day drop for Nvidia ended up helping to pull the overall market lower.
Trump Media & Technology Group jumped 16% in its first day of trading under the ticker symbol that uses former President Donald Trump's initials.
Treasury yields slipped following mixed economic reports.