Stocks Ended Mostly Lower, Dow Hit Another Record

U.S. stocks ended mostly lower on Tuesday, but the Dow Jones Industrial Average managed to edge into positive territory to an all-time high. The Dow gained 2.77 points, or 0.02%, to end at 14,450.06. The S&P 500 index fell 3.74 points, or 0.24%, to 1,552.48. The Nasdaq Composite index dropped 10.55 points, or 0.32%, to 3,242.32.

Despite the setbacks around the 787 Dreamliner, Boeing’s (BA) stock is back at levels it hasn’t seen in half a decade, with the latest step upward coming after a report that it could be close to announcing an $18 billion order, one of the biggest it’s ever gotten.

Up to 600,000 tax returns filed by H&R Block could be delayed by up to six weeks, according to the Internal Revenue Service. The problem: Form 8863, which you must fill out to get the student tax credit.

Maurice “Hank” Greenberg, the former American International Group Inc (AIG.N) chief executive, has more than doubled the size of his class-action lawsuit against the United States over the insurer’s bailout to roughly $55.5 billion from $25 billion.

MetroPCS Communications Inc fought back against shareholder criticism of its proposed merger with T-Mobile USA on Tuesday, the same day that the U.S. Federal Communications Commission approved the deal.

About the Author

has written 15961 stories on this site.

Write a Comment

Gravatars are small images that can show your personality. You can get your gravatar for free today!

You must be logged in to post a comment.

Copyright © 2012 Nine Stocks