Stocks ended a tentative day of trading with mixed results as gains for energy companies and banks were offset by losses in other sectors
Stocks ended a tentative day of trading with mixed results as gains for energy companies and banks were offset by losses in other sectors. The S&P 500 ended down less than 0.1% Tuesday, and the Nasdaq lost 0.3%. The Dow Jones Industrial Average managed to eke out another record high with a gain of 0.2%. Natural gas prices jumped 7.5% to their highest level since November as a wave of extremely cold weather hit large parts of the U.S. Treasury yields continued to climb, pushing the yield on the 10-year Treasury note up to 1.29%, the highest level in a year.
The S&P 500 fell 2.24 points, or less than 0.1%, to 3,932.59.
The Dow Jones Industrial Average rose 64.35 points, or 0.2%, to 31,522.75.
The Nasdaq fell 47.97 points, or 0.3%, to 14,047.50.
The Russell 2000 index of smaller companies fell 16.47 points, or 0.7%, to 2,272.89.
For the year:
The S&P 500 is up 176.52 points, or 4.7%.
The Dow is up 916.27 points, or 3%.
The Nasdaq is up 1,159.22 points, or 9%.
The Russell 2000 is up 298.04 points, or 15.1%.