Stocks close lower Tuesday, Dow and S&P 500 snap four-day win streaks as economic worries loom: Live updates

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Stocks close lower Tuesday, Dow and S&P 500 snap four-day win streaks as economic worries loom: Live updates
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The Dow Jones Industrial Average fell on Tuesday as traders assessed a spike in oil prices and what that could mean for the global economy. The Dow fell 0.59% The S&P 500 shed 0.58% The Nasdaq lost 0.52%

were higher on Tuesday, gaining nearly 2% after hitting its highest level since March of 2022.

shares would get converted into common stock. In exchange, the suing group of shareholders would receive additional common stock. The shareholders attorneys said in a statement the shares would be valued at more than $100 million at recent market prices.The settlement should help the cash-strapped theater chain bulk up its balance sheet. The deal could allow to AMC to raise up to $16 billion of equity, one Wall Street analyst told Reuters.

Citadel's multi-strategy flagship Wellington fund gained 1.4% last month, bringing its 2023 performance to 4.2% through March, the person said. The hedge fund has slightly underperformed theGriffin's hedge fund scored a stellar year in 2022Earnings season should be a boost for large banks, Mayo says

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