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How major US stock indexes fared Tuesday, 1/23/2024

Wall Street held at its record high as earnings reporting season for big U.S. companies got going.

The S&P 500 rose 0.3% Tuesday, notching another all-time high. The Dow Jones Industrial Average fell 0.3%, a day after topping 38,000 for the first time. The Nasdaq composite rose 0.4%.

Big gains for Procter & Gamble and United Airlines following their latest profit reports helped to lift the market. But a sharp drop for 3M weighed on the Dow in particular. Johnson & Johnson also fell following its earnings report. Treasury yields were mixed, as were stock markets abroad.

On Tuesday:

The S&P 500 rose 14.17 points, or 0.3%, to 4,864.60.

The Dow Jones Industrial Average fell 96.36 points, or 0.3%, to 37,905.45.

The Nasdaq composite rose 65.66 points, or 0.4%, to 15,425.94.

The Russell 2000 index of smaller companies fell 7.11 points, or 0.4%, to 1,976.27.

For the week:

The S&P 500 is up 24.79 points, or 0.5%.

The Dow is up 41.65 points, or 0.1%.

The Nasdaq is up 114.98 points, or 0.8%.

The Russell 2000 is up 31.88 points, or 1.6%.

For the year:

The S&P 500 is up 94.77 points, or 2%.

The Dow is up 215.91 points, or 0.6%.

The Nasdaq is up 414.59 points, or 2.8%.

The Russell 2000 is down 50.81 points, or 2.5%.