- The S&P 500 turned south after updating all-time highs on Tuesday.
- Intel Corp (INTC: NASDAQ) is the best performer among stocks listed on the S&P 500.
The S&P 500 (SPX) hit a new high of 3,756 after the opening bell on Tuesday, but lost steam as investors stood on the sidelines as they waited for US lawmakers to vote on the House bill that will increase payments. direct to $ 2,000. At time of writing, the SPX was down 0.15% on the day at 3,730.
S&P 500 Major Changes
Earlier in the day, Reuters reported that hedge fund Third Point LLC recommended that Intel Corp (INTC: NASDAQ) should explore strategic alternatives. Citing a letter sent by the company, Reuters noted that the chipmaker is being urged to further its position as a major supplier of computer and data center chips. Driven by this report, INTC is the top performer on Tuesday, rising 5.2% daily to $ 49.51.
Shares of Netflix Inc (NFLX: NASDAQ) and ABIOMED Inc (ABMD: NASDAQ) are among the other top winners for the day, advancing around 3%.
On the other hand, shares of Domino’s Pizza Inc (DPZ: NYSE) and FLIR Systems Inc (FLIR: NASDAQ) posted the largest percentage of decline on Tuesday, losing 4% and 3.7%, respectively.
.
Donald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and informative content that resonates with readers across a spectrum of financial topics. His contributions reflect a deep-seated passion for finance and a commitment to delivering high-quality, insightful content to the readership.
