The S&P 500 advanced 0.92% to 6,067.70, with technology shares seeing the biggest gains among sectors. The Technology Select Sector SPDR Fund (XLK) rose more than 2%, following a 4.9% loss on Monday. The Nasdaq Composite surged 2.03% to 19,733.59, following a 3.1% decline a day ago.
Nvidia and other tech stocks win back some of Monday’s sharp losses on Tuesday. The post appeared first on TV News Check. The post Dow Climbs 137, Nasdaq Rallies 392, S&P 500 Adds 55 originally published on TV News Check.
JetBlue Airways Corp.’s stock dropped in early trading on Tuesday, to pull back from an 18-month high, as investors focused on the air carrier’s weaker-than-expected guidance for a key revenue metric rather than upbeat fourth-quarter results.
Investors also assessed a return to a tougher tone on tariffs from President Donald Trump, ahead of the start of a Federal Reserve meeting
JBLU stock, with 8% returns since the beginning of 2024, has underperformed the broader S&P 500 index, up 27%.
Barclays analyst Brandon Oglenski maintained a Sell rating on JetBlue Airways (JBLU – Research Report) today and set a price target of $7.00.