Stocks are down today, and investors wondering why have come to the right place as we have an answer to that question!
Several factors are weighing on the stock market and keeping shares down today. Most of these have to do with the economy, as well as upcoming meetings and reports.
For example, the Federal Reserve is set to hold a meeting tomorrow that will have it deciding what to do about ongoing inflation. That could result in the Fed either maintaining current interest rates or even increasing them further.
If the latter happens, it’s likely to be a negative catalyst for the stock market. Investors are already worried about that today, which is one of the reasons stocks are down.
To go along with that, investors are also waiting to see how the jobs reports for October turn out. Those will also come out on Friday, and it’s possible the information will cause movements across the stock market.
Keeping all of that in mind, let’s check out how the major stock indices are moving today below!
Stocks Down Today: Major Indices Slip
- Starting us off is the S&P 500, with a slight 0.02% decrease as of Tuesday morning.
- Next on our list is the Dow Jones Industrial Average and its 0.13% drop as of this writing.
- Finally, the NASDAQ Composite is falling by 0.22% on Tuesday morning.
Investors on the lookout for even more of the most recent stock market stories are in the right place!
We’re checking out all of the hottest stock market news that traders need to know about on Tuesday. Among that is what’s happening with shares of BlackBerry (NYSE:BB) stock, Pinterest (NYSE:PINS) stock and Sarepta Therapeutics (NASDAQ:SRPT) stock today. All of that news is ready to go at the links below!
More Stock Market News for Tuesday
- BB Stock Alert: What to Know as BlackBerry Announces CEO Departure
- Pinterest (PINS) Stock Looks Red Hot After Earnings. Is It Time to Buy?
- Why Is Sarepta Therapeutics (SRPT) Stock Down 47% Today?
On the date of publication, William White did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.
