U.S. stock market opens: The three major indices open slightly higher, with S&P Global plunging due to weak profit outlooks
On Tuesday, the three major U.S. stock indices opened slightly higher, with market sentiment cautious. The Dow Jones Industrial Average rose 0.11%, to 50,193.49 points; the S&P 500 increased 0.13%, to 6,974.49 points; and the Nasdaq Composite gained 0.1%, to 23,271.22 points. In individual stocks, financial information services giant S&P Global (SPGI.N) dropped sharply by 5.7%. The company's profit outlook for fiscal year 2026 was below market expectations, triggering investor sell-off. Dragged down by this news, stocks of industry peers such as index providers and analytics firms also declined, with Moody's (MCO.N) falling 6.89%. In the media sector, Warner Bros. Discovery (WBD.O) rose 2.1%. Previously, Paramount added terms like "deferred compensation" to its acquisition offer to demonstrate confidence in regulatory approval, although its bid of $30 per share remained unchanged.
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U.S. stock market opens: The three major indices open slightly higher, with S&P Global plunging due to weak profit outlooks
On Tuesday, the three major U.S. stock indices opened slightly higher, with market sentiment cautious. The Dow Jones Industrial Average rose 0.11%, to 50,193.49 points; the S&P 500 increased 0.13%, to 6,974.49 points; and the Nasdaq Composite gained 0.1%, to 23,271.22 points.
In individual stocks, financial information services giant S&P Global (SPGI.N) dropped sharply by 5.7%. The company's profit outlook for fiscal year 2026 was below market expectations, triggering investor sell-off. Dragged down by this news, stocks of industry peers such as index providers and analytics firms also declined, with Moody's (MCO.N) falling 6.89%.
In the media sector, Warner Bros. Discovery (WBD.O) rose 2.1%. Previously, Paramount added terms like "deferred compensation" to its acquisition offer to demonstrate confidence in regulatory approval, although its bid of $30 per share remained unchanged.