12:31 PM EDT, 06/25/2024 (MT Newswires) -- US equity indexes traded mixed as gains in technology and communication services lifted the Nasdaq Composite and the S&P 500.

The Nasdaq jumped 1.1% to 17,686.2, and the S&P 500 rose 0.2% to 5,459.8, while the Dow Jones Industrial Average fell 0.8% to 39,088.1. Real estate, materials, and industrials led the steepest decliners intraday.

Nvidia's ( NVDA ) shares rebounded 5.7% intraday, among the top gainers on the S&P 500 and the Nasdaq after closing in correction territory on Monday. Other gainers in the technology sector included Taiwan Semiconductor Manufacturing Company ( TSM ) , up 1.8% intraday. On Wednesday, quarterly results from Micron Technology ( MU ) , another chipmaker, will shed further light on the impact on demand of widespread adoption of artificial intelligence. Shares of Micron are up more than 65% year to date.

Meanwhile, in economic news, the Conference Board's measure of consumer confidence declined to 100.4 in June from 101.3 in May, compared with 100 expected in a survey compiled by Bloomberg.

The Richmond Fed's monthly manufacturing index sank to minus 10 in June from 0 in May, versus expectations for minus 3 in a survey compiled by Bloomberg.

The Dallas Federal Reserve's monthly general business services index improved to minus 4.1 in June from minus 12.1 in May. The index indicates a slower pace of contraction in the sector. The Richmond Fed index released earlier Tuesday indicated faster contraction versus the Philadelphia Fed and the S&P Global flash measures that pointed to expansion.

In company news, Carnival (CCL) swung to fiscal Q2 adjusted earnings as revenue increased, and the cruise liner also lifted its 2024 guidance for adjusted earnings. Shares jumped 8.2% intraday, the top performer on the S&P 500. The second-biggest gainer on the index was a rival to Carnival, Norwegian Cruise Line Holdings ( NCLH ) , with shares up 5.7% intraday.

The US 10-year yield rose less than one basis point to 4.26%, and the two-year rate climbed 1.9 basis points to 4.75%.

West Texas Intermediate crude oil fell 0.6% to $81.14 a barrel.