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Markets cool as tech rally stalls and tax uncertainty weighs

Summary by sharecafe.com.au
Wall Street retreats after strong run US markets pulled back on Tuesday, ending a six-day winning streak for the S&P 500 and signalling investor caution as recent gains ran out of steam. The S&P 500 slipped 0.39% to close at 5,940, while the Nasdaq dipped 0.38%, and the Dow Jones fell by 115 points to finish at 42,677. Tech stocks led the decline, with Nvidia down 0.9%, and further losses for Apple, Microsoft, AMD, and Meta. The tech sector drop…
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interactivebrokers.com broke the news in on Tuesday, May 20, 2025.
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