Business · Markets · 6 hrs ago

US Stocks Finish Mixed as Tech Shares Slip and Peace Hopes Lift Markets

US Stocks Finish Mixed as Tech Shares Slip and Peace Hopes Lift Markets

US stocks finished mixed on Tuesday, with the Dow Jones up 1.02% and the S&P 500 up 0.28%, while the Nasdaq 100 fell 0.13%.

Investors remained cautious about technology shares ahead of quarterly results from SpaceX and Netflix, whose stocks both ended lower.

A weak debut for South Korean AI infrastructure company Elice also dampened appetite for risk after its shares closed nearly a third below their offering price.

Hopes for a US-Iran compromise supported markets after reports circulated about a proposal from mediators in Qatar and Pakistan, though the possibility remained uncertain.

Company results drove sharp moves, with 3M rising after beating expectations and raising its outlook, while General Motors fell after warning of growing challenges.

Investors were awaiting more company results, including those from SpaceX and Netflix.

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