US Stocks Open Mixed on Tuesday; Zoom Shares Plunge 13%
Tiger Newspress2022-08-23
Stocks were little changed Tuesday after the market’s worst day since June and as investors braced for a hawkish message from the Federal Reserve.
The Dow Jones Industrial Average fell 43 points, or 0.13%, while the S&P 500 gained 0.04% and Nasdaq Composite gained 0.2%.
Palo Alto Networks surged 9% in morning trading on the back of strong quarterly results, while Zoom Video shares slumped 13% after the video conferencing company lowered its full-year forecast.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.