Nasdaq Ended at New High; Dow and S&P Retreated from Records

U.S. stocks closed mostly lower Tuesday, with the Dow and S&P 500 retreating from records, on disappointing earnings results and doubts about a U.S. – China trade deal. The Dow Jones Industrial Average fell 102.20 points, or 0.36%, to 27,934.02. The S&P 500 shed 1.85 points, or 0.06%, to 3,120.18. The Nasdaq Composite gained 20.72 points, or 0.24%, to 8,570.66.

Oil futures declined on Tuesday for a second consecutive session, marking the lowest settlement so far this month and sending U.S. prices below their 50-day moving average. West Texas Intermediate crude for December delivery  lost $1.84, or 3.2%, to settle at $55.21 a barrel.  January Brent crude  lost $1.53, or 2.5%, to $60.91 a barrel.

About the Author

has written 14749 stories on this site.

Copyright © 2012 Nine Stocks