Markets

Morning Rally Fizzles For Tuesday Markets; Stocks End Lower, Giving Back M&A-Fueled Early Day Gains

Stocks finished slightly lower Tuesday, giving back larger gains from earlier in the session supported by a fresh spate of mergers and acquisition activity yielded to broader worries over equity valuations. Health care and energy stocks enjoyed the biggest gains, while shares of financial and consumer companies surrendered their morning advances as traders gradually moved away from the market after the Dow Jones Industrial Average stopped just short of a 100-point rise. Crude oil extended its recent rally, settling today near $54 a barrel.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Other Topics

Commodities

Latest Markets Videos

    MTNewswires

    Founded in 1999, MT Newswires (formerly known as Midnight Trader) is a leading provider of original source, multi-asset class, real-time, global financial news and information to most of the largest banks, brokerage firms and professional market data, trading & research applications in North America.

    Learn More