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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 -0.48% 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 +0.56% 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 -6.43% which surged 93% on Tuesday and has gained 685% in January alone.

/zigman2/quotes/210599714/realtime
US : S&P US
3,811.15
-18.19 -0.48%
Volume: 3.12B
Feb. 26, 2021 5:04p
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/zigman2/quotes/210598365/realtime
US : U.S.: Nasdaq
13,192.35
+72.91 +0.56%
Volume: 5.02M
Feb. 26, 2021 5:16p
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/zigman2/quotes/203755179/composite
US : U.S.: NYSE
$ 101.74
-6.99 -6.43%
Volume: 92.19M
Feb. 26, 2021 4:00p
P/E Ratio
N/A
Dividend Yield
0.00%
Market Cap
$7.10 billion
Rev. per Employee
$461,857
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