The S&P 500 Index ($SPX) (SPY) Tuesday closed up +0.14%, the Dow Jones Industrials Index ($DOWI) (DIA) closed down -0.02%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +0.39%.
Stock indexes Tuesday mainly closed higher. The broader market found support Tuesday from a decline in bond yields. Stocks recovered from early losses as short-covering emerged Tuesday afternoon on comments from Atlanta Fed President Bostic, who said he sees one Fed rate cut this year, but he’s open to changing his view to additional rate cuts should the economic picture change.
