The SPY, QQQ And DIA All Plunged Today. Here's Why.

U.S. indices continued lower Tuesday amid weakness in tech stocks and potential profit-taking in financials and growth names. 

The SPDR Dow Jones Industrial Average ETF Trust DIA finished down 0.77% at $338:12. The SPDR S&P 500 ETF Trust SPY closed lower by 0.73% at $412.17. The Invesco QQQ Trust Series 1 QQQ also finished lower by 0.73% at $336.41.

Here are the day's winners and losers from the DIA, according to data from Benzinga Pro.

Many leaders for the DIA were from the likes of computer hardware and medical devices, with IBM IBM, Johnson & Johnson JNJ and Amgen, Inc. AMGN.

IBM shares were trading higher by 4% after the company reported better-than-expected first-quarter EPS and sales results.

Nike Inc NKE, Boeing Co BA and Walt Disney Co DIS were among the most hammered names for the Dow Jones Tuesday.

Elsewhere On The Street

Dogecoin DOGE/USD has now received support from the candy bar world, with Snickers and Milky Way promoting the meme-centric cryptocurrency ahead of today, April 20, which some Dogecoin fans have declared as “Doge Day.”... Read More

Blackstone Group Inc BX and Oprah Winfrey-backed Swedish vegan food and drinks maker Oatly Group AB on Monday filed for an initial public offering in the United States and said may consider adding a listing in Hong Kong over the next two years… Read More

Apple Inc AAPL is approaching the important $137 level. This level has been resistance each time the stock has reached it since September. Stocks frequently trend lower after they hit resistance levels… Read More

Posted In: Long IdeasNewsAfter-Hours CenterMarketsMoversTrading Ideas
We simplify the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...