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How major US stock indexes fared Tuesday 5/12/2026

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A sudden halt for technology stocks put the brakes on Wall Street’s record-setting run. The S&P 500 dipped 0.2% Tuesday from its all-time high set the day before. The Dow Jones Industrial Average added 0.1%, and the Nasdaq composite sank 0.7% from its own record. Stocks that had roared higher in the artificial-intelligence boom were some of the market’s heaviest weights. The pullback began in Asia, where South Korea’s Kospi index tumbled 2.3% on worries that the government may redistribute windfall AI profits to its citizens. Oil prices meanwhile rose more than 3% as the war with Iran threatens to drag on. On Tuesday: The S&P 500 fell 11.88 points, or 0.2%, to 7,400.96. The Dow Jones Industrial Average rose 56.09 points, or 0.1%, to 49,760.56 The Nasdaq composite fell 185.92 points, or 0.7%, to 26,088.20. The Russell 2000 index of smaller companies fell 27.81 points, or 1% to 2,842.83. For the week: The S&P 500 is up 2.03 points, or less than 0.1%. The Dow is up 151.40 points, or 0.3%.…

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