U.S. stocks trade lower as Dow falls more than 350 points on Tuesday

  • U.S. stock indexes traded lower midway through Tuesday’s session.
  • Dow Jones Industrial Average fell 0.71% to 52,051.45 after dropping more than 350 points.
  • New York Fed manufacturing index fell to 7.6 in September from 20.6 in August.

U.S. stocks traded lower midway through Tuesday’s session, with the Dow Jones Industrial Average down 0.71% at 52,051.45 after falling more than 350 points. The Nasdaq Composite declined 0.67% to 26,010.20, while the S&P 500 fell 0.42% to 7,588.35. Energy shares gained 1.4%, but consumer staples declined 1%. Forgent Power Solutions rose about 15% after reporting fourth-quarter adjusted earnings of 25 cents per share, above the 24-cent estimate, and 94% year-over-year sales growth to $461.67 million; its fiscal 2027 guidance exceeded estimates. Veea surged 160% after announcing a term sheet to combine with NovaGen Group, while My Size and Radiant Logistics also advanced. Huachen AI Parking, Enova International and Intercont fell after financing, acquisition and reverse-split announcements. Oil rose 4.6% to $106.05, while the New York Fed’s Empire State Manufacturing Index fell to 7.6 in September from 20.6 in August.

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