U.S. Stock Market Starts Lower: Indices Down Following Strong Initial Session

The U.S. stock market experienced a shaky start on Tuesday, with major indices declining following a particularly strong Monday session. According to ChainCatcher, the Dow Jones Industrial Average shed 0.63%, the S&P 500 Index dropped 0.6%, and the Nasdaq Composite witnessed a decrease of 0.85%. However, several companies saw notable gains despite this overall market trend. Synopsys Inc. rose significantly by 6.5% following a $2 billion investment from Nvidia, while Wolfspeed Inc. surged nearly 8% after receiving $698.6 million in cash tax refunds.