S&P 500 and Nasdaq Take a Breather as Apple Says Goodbye to Tim Cook

The market started Tuesday in fine form with modest gains for the major indexes in the first couple of hours. But the optimism didn't last. As of 1:15 p.m. ET, the three leading indexes were down by at least 0.5% instead.These are still small moves, of course. None of the stocks with heavy weighting on the S&P 500 (SNPINDEX: ^GSPC), Nasdaq-100, or Dow Jones Industrial Average (DJINDICES: ^DJI) made large moves today. The mildly bearish action was built on a plethora of shallow price drops (and a couple of larger jumps or drops, making minor ripples across the broader market). There wasn't much news from the Iranian front today, which explains the gentle market action.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool