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Stock market news live updates: S&P 500 rises to end 5-session losing streak Emily McCormick
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The S&P 500 ended a five-day losing streak, shaking off earlier losses. The Dow erased losses of as many as 360 points, or more than 1%, to push into positive territory Tuesday afternoon.
The Nasdaq, however, added to steep losses and dropped more than 2% at session lows before paring some declines, as investors rotated away from growth and tech shares. Shares of airlines, cruise lines, lodging companies and other service-based beneficiaries of a post-pandemic economic reopening added to Monday s gains, and cyclical sectors including energy and financials were poised to outperform anew.