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Jan. 26, 2021, 4:06 p.m. EST

Dow books longest losing skid in 3 months and Nasdaq snaps 5-session rally but GameStop stock surges again

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By Mark DeCambre

U.S. stocks finished slightly lower in the final minutes of trading on Tuesday, a day ahead of an important update from the Federal Reserve and as investors digested a slew of corporate quarterly results. The Dow Jones Industrial Average [: DJIA] closed down less than 0.1% at about 30,937, but the decline was enough for a fourth straight loss, which matches a similar downturn that ended Oct. 28, according to FactSet data. The S&P 500 index /zigman2/quotes/210599714/realtime SPX -1.34% pulled back from Monday's record closing high to end 0.2% lower at around 3,849, while the Nasdaq Composite Index /zigman2/quotes/210598365/realtime COMP -2.11% snapped a five-sesson win record win streak to finish at around 13,626 as buying in large-capitalization technology-related stocks cooled somewhat. Meanwhile, investors continued to watch frenzied trading in companies like videogame retailer GameStop /zigman2/quotes/203755179/composite GME +6.58% which surged 93% on Tuesday and has gained 685% in January alone.

/zigman2/quotes/210599714/realtime
US : S&P US
3,768.47
-51.25 -1.34%
Volume: 3.44B
March 4, 2021 5:08p
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/zigman2/quotes/210598365/realtime
US : U.S.: Nasdaq
12,723.47
-274.28 -2.11%
Volume: 6.68M
March 4, 2021 5:16p
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/zigman2/quotes/203755179/composite
US : U.S.: NYSE
$ 132.35
+8.17 +6.58%
Volume: 32.61M
March 4, 2021 4:00p
P/E Ratio
N/A
Dividend Yield
0.00%
Market Cap
$8.66 billion
Rev. per Employee
$461,857
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