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Why These Passive Income Dividend Stock Machines Soared Tuesday

Why These Passive Income Dividend Stock Machines Soared Tuesday

The stock market had a mixed performance on Tuesday, trading higher for parts of the day but finishing with new closing lows for the year for the S&P 500 (SNPINDEX: ^GSPC) and Nasdaq Composite (NASDAQINDEX: ^IXIC). The Dow Jones Industrial Average (DJINDICES: ^DJI) managed to hold onto some modest gains, but they were quite a bit smaller than they'd been earlier in the afternoon. High-growth tech stocks once again found themselves in the crosshairs of bearish investors on Tuesday, extending losses from earlier in the year amid ongoing concerns about inflation.