US Stocks Close the Day in the Red to Begin the Holiday-Shortened Week
Tuesday, 20 February 2024, 21:20
Market Update:
The major US stock indices closed down to start the holiday-shortened week. Declines led by Nasdaq with markets ending near mid-day range. Dip buyers entered, limiting losses.
Closing Levels:
- Dow: -64.21 points at 38563.79 (-0.17%).
- S&P: -30.04 points at 4975.52 (-0.60%).
- NASDAQ: -144.88 points at 15630.77 (-0.92%).
- Russell 2000: -28.60 points at 2004.14 (-1.41%).
Last week saw indices fall after 5 weeks of gains. BigCap stocks showed mixed performance. After-hours, Palo Alto Networks dropped sharply due to disappointing guidance.
Key Quotes & Figures:
- Nvidia: -4.35%
- Palo Alto Networks: -12.86%
PANW shares closed down -$47 at $366.09 after earnings release.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.