Investors in the stock market seemed to get a slow start to the holiday-shortened week, with most major market benchmarks giving up ground on Tuesday. As has often been the case lately, the Nasdaq Composite (NASDAQINDEX:^IXIC) was the exception, but the S&P 500 (SNPINDEX:^GSPC) and Dow Jones Industrial Average (DJINDICES:^DJI) gave up some ground on fears about the sustainability of the economic recovery.
Dow Jones Industrial |
(0.76%) |
(269) |
S&P 500 |
(0.34%) |
(15) |
Nasdaq Composite |
+0.07% |
+11 |
Data source: Yahoo! Finance.
Helping to make the Nasdaq buck the trend were a couple of big-name stocks that trade on that exchange. Moderna (NASDAQ:MRNA) has soared in the past year and continued to gain ground on favorable comments from Wall Street, while Apple (NASDAQ:AAPL) once again hit unprecedented heights as investors anxiously await the smartphone maker’s next hit release.
Moderna looks healthy
Shares of Moderna finished the day up almost 5%. The move upward came amid an expression of confidence from stock analysts at a couple different companies.