US close: Dow Jones delivers fourth-straight daily loss

(Sharecast News) - Major indices closed lower on Tuesday as both the S&P 500 and Nasdaq Composite retreated from their record highs in the previous session. At the close, the Dow Jones Industrial Average was down 0.35% at 44,247.83, while the S&P 500 lost 0.30% to 6,034.91 and the Nasdaq Composite saw out the session 0.25% weaker at 19,687.24.

The Dow opened 154.10 points lower on Tuesday, extending losses recorded in the previous session.

Stocks lacked direction on Tuesday as traders continued to hold out for tomorrow's consumer price index report, which comes just a week before the Federal Reserve's next interest rate decision.

On Tuesday's macro slate, the National Federation of Independent Business' small optimism index jumped to 101.7 in November for the highest reading since June 2021, up from 93.7 in October and ahead of expectations for a reading of 94.2.

In the corporate space, software giant Oracle traded lower after its Q2 earnings and revenue fell short of expectations, and the group issued disappointing guidance, while GameStop reported a surprise Q3 profit despite a 20% drop in sales.

Reporting by Iain Gilbert at Sharecast.com

Dow Jones - Risers

Walgreens Boots Alliance, Inc. (WBA) $10.42 17.74% Boeing Co. (BA) $164.10 4.50% American Express Co. (AXP) $302.11 1.82% Visa Inc. (V) $312.38 1.32% Procter & Gamble Co. (PG) $172.28 0.87% Unitedhealth Group Inc. (UNH) $565.19 0.82% Walmart Inc. (WMT) $94.55 0.77% International Business Machines Corporation (CDI) (IBM) $231.72 0.75% Coca-Cola Co. (KO) $62.91 0.50% Apple Inc. (AAPL) $247.77 0.41%

Dow Jones - Fallers

Intel Corp. (INTC) $20.16 -3.12% Caterpillar Inc. (CAT) $388.39 -2.72% Merck & Co. Inc. (MRK) $101.00 -2.69% Travelers Company Inc. (TRV) $247.65 -1.69% Home Depot Inc. (HD) $422.59 -1.54% Goldman Sachs Group Inc. (GS) $585.03 -1.53% 3M Co. (MMM) $129.77 -1.31% Dow Chemical Co. (DOW) $42.18 -1.29% Nike Inc. (NKE) $76.74 -1.16% Salesforce.Com Inc. (CRM) $348.82 -0.78%

S&P 500 - Risers

Walgreens Boots Alliance, Inc. (WBA) $10.42 17.74% Alaska Air Group Inc. (ALK) $61.29 13.16% Alphabet Inc. Class A (GOOGL) $185.17 5.59% Alphabet Inc. Class C (GOOG) $186.53 5.32% Kroger Co. (KR) $60.73 5.12% Boeing Co. (BA) $164.10 4.50% Edwards Lifesciences Corp. (EW) $73.39 3.51% Charter Communications Inc. (CHTR) $377.96 3.28% McCormick & Co. (MKC) $81.94 2.46% Dollar General Corp (DG) $82.39 1.97%

S&P 500 - Fallers

Oracle Corp. (ORCL) $177.74 -6.67% Albemarle Corp. (ALB) $103.98 -5.18% Hewlett Packard Enterprise (HPE) $21.92 -5.15% NetApp Inc. (NTAP) $121.22 -5.00% United Rentals Inc. (URI) $796.02 -4.77% Micron Technology Inc. (MU) $98.10 -4.59% American Tower Corp (Reit) (AMT) $199.53 -4.55% CenturyLink Inc. (LUMN) $6.23 -4.15% HP Inc (HPQ) $34.94 -4.14% Broadcom Inc. (AVGO) $171.81 -3.98%

Nasdaq 100 - Risers

Walgreens Boots Alliance, Inc. (WBA) $10.42 17.74% Alphabet Inc. Class A (GOOGL) $185.17 5.59% Alphabet Inc. Class C (GOOG) $186.53 5.32% Charter Communications Inc. (CHTR) $377.96 3.28% Tesla Inc (TSLA) $400.99 2.87% T-Mobile Us, Inc. (TMUS) $233.50 2.03% Mercadolibre Inc. (MELI) $1,880.55 1.97% Gilead Sciences Inc. (GILD) $92.35 1.94% American Airlines Group (AAL) $17.49 1.92% Dollar Tree Inc (DLTR) $72.80 1.68%

Nasdaq 100 - Fallers

Sirius XM Holdings Inc (SIRI) $25.22 -12.25% Micron Technology Inc. (MU) $98.10 -4.59% NetEase Inc. Ads (NTES) $96.48 -4.44% JD.com, Inc. (JD) $39.56 -4.13% Baidu Inc. (BIDU) $89.21 -4.12% Trip.com Group Limited (TCOM) $72.00 -4.08% Broadcom Inc. (AVGO) $171.81 -3.98% Workday, Inc. (WDAY) $270.88 -3.23% Intel Corp. (INTC) $20.16 -3.12% Lam Research Corp. (LRCX) $75.13 -3.00%