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Norwegian Cruise Line And Caesars Entertainment Lead The S&P 500 Lower: Today's Winners And Losers

Published 24/05/2022, 21:29
Updated 24/05/2022, 22:10
© Reuters. Norwegian Cruise Line And Caesars Entertainment Lead The S&P 500 Lower: Today's Winners And Losers

U.S. indices finished Tuesday's trading session lower amid a continued sell-off in stocks. Weak earnings from Abercrombie & Fitch Co. (NYSE: ANF) have pressured retail stocks while weakness in Snap Inc (NYSE: NYSE:SNAP) pressured social media companies.

  • The Nasdaq composite finished lower by 2.20% to 11,769 and the Invesco QQQ Trust Series 1 (NASDAQ: QQQ) lost 2.12% to $287.25.

  • The S&P 500 traded lower by 0.79% to 3,942 and the SPDR S&P 500 ETF Trust (NASDAQ: SPY (NYSE:SPY)) lost 0.74% to $394.

  • The Dow Jones composite finished flat at 10,854 and the SPDR Dow Jones Industrial Average ETF Trust (NASDAQ: NYSE:DIA) finished higher by 0.17% at $319.39.

AutoZone, Inc. (NYSE: AZO), O'Reilly (NASDAQ:ORLY) Automotive Inc (NASDAQ: ORLY) and SBA Communications Corporation (NASDAQ: SBAC) were among the top gainers.

Norwegian Cruise Line Holdings Ltd (NYSE: NCLH), DexCom, Inc. (NASDAQ: DXCM) and Caesars Entertainment Inc (NASDAQ: CZR) were among the top losers.

Elsewhere on the Street To lower gasoline prices, the U.S. White House is considering waiving more guidelines that aim at reducing summertime smog, according to a Reuters report... Read More

Snap Inc (NYSE: SNAP) shares are plummeting 40% after CEO Evan Spiegel warned employees the company will miss its targets for revenue and earnings in the second quarter... Read More

Palantir Technologies Inc (NYSE: NYSE:PLTR) CEO Alex Karp issued a wake-up call Tuesday morning for those sleeping on the threat of nuclear war... Read More

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