The S&P 500 Index ($SPX) (SPY) Tuesday closed down -0.39%, the Dow Jones Industrials Index ($DOWI) (DIA) closed down -0.61%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -0.43%. Dec E-mini S&P futures (ESZ24) are down -0.48%, and Dec E-mini Nasdaq futures (NQZ24) are down -0.51%.
Stock indexes on Tuesday settled moderately lower, with the Dow Jones Industrials falling to a 3-1/2 week low. Chip stock weakness on Tuesday weighed on the overall market. Also, healthcare companies that own pharmacy benefit management units retreated Tuesday after Pfizer CEO Bourla said President-elect Trump is “very committed” to pharmacy benefit management (PBM) reform.
