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Barchart
Barchart
Rich Asplund

Stocks Settle Mixed on Strong Earnings and Hawkish Fed Comments

US Federal Reserve Norwegian Cruise Line Holdings United States Bowman Schmid Conference Board

The S&P 500 Index ($SPX) (SPY) Tuesday closed up +0.17%, the Dow Jones Industrials Index ($DOWI) (DIA) closed down -0.25%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +0.21%.

Stock indexes on Tuesday settled mixed.  Better-than-expected earnings results from Norwegian Cruise Line Holdings, Constellation Energy, and AutoZone supported the broader market.  Hawkish Fed comments pushed T-note yields higher and were a negative factor for stocks.  Tuesday’s U.S. economic news was mixed.

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