Wall Street Tuesday: Dow Green, Nasdaq Bleeding, SpaceX Wild
The Nasdaq fell hard on Tuesday. One stock's wild reversal kept it from falling harder. Yep, you probably guessed the name already.
Wall Street Tuesday: Dow Green, Nasdaq Bleeding, SpaceX Wild
Overview
The Dow Jones Industrial Average (DJINDICES: ^DJI) is greener than other major market indexes for the third straight day. At the same time, the Nasdaq Composite (NASDAQINDEX: ^IXIC) is way down. As usual, the S&P 500 (SNPINDEX: ^GSPC) index holds the center. Meanwhile, Space Exploration Technologies (NASDAQ: SPCX) is riding a roller coaster with index-moving consequences.
The split continues a pattern from recent sessions: old-school beats new-school when chips are selling off. And again, SpaceX holds the wild cards to make a significant difference to the indexes that already include it.
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Originally published at www.fool.com.
