Dow Jones falls 1.18% amid weak US market start, Nasdaq outperforms

U.S. equity markets opened weakly on Tuesday, with the Dow Jones Industrial Average declining by 1.18% to 52,786.07 points, while the S&P 500 fell 0.58% to 7,673.52. Rising oil prices and persistent concerns over inflation and interest rates weighed on sentiment. The Nasdaq Composite, however, showed relative resilience, with a modest 0.12% drop to 29,507.70 points, as growth stocks—particularly those tied to artificial intelligence—offset losses among traditional heavyweights like Apple, Nvidia, and Microsoft.