Stocks are closing mostly lower Tuesday, with the S&P 500 posting its first decline after seven consecutive gains.
Stocks are mostly closing lower on Tuesday, with the S&P 500 posting its first decline after seven consecutive gains.
The benchmark index and the Dow Jones Industrial Average both fell, while the Nasdaq gained. Bond prices rose, pushing the 10-year Treasury yield to its lowest level since February. Oil prices jumped overnight as talks broke down between members of the OPEC cartel and allied oil-producing nations amid a standoff with the United Arab Emirates over production levels.
The S&P 500 fell 8.80 points, or 0.2%, to 4,343.54.
The Dow Jones Industrial Average fell 208.98 points, or 0.6%, to end at 34,577.37.
The Nasdaq closed up 24.32 points, or 0.2%, at 14,663.64.
The Russell 2000 Index of Small Companies fell 31.26 points, or 1.4%, to 2,274.50.
for the year:
The S&P 500 is up 587.47 points, or 15.6%.
The Dow is up 3,970.89 points, or 13%.
The Nasdaq is up 1,775.36 points, or 13.8%.
The Russell 2000 is up 299.65 points, or 15.2%.