Stocks held relatively steady on Wall Street near their record levels.
The S&P 500 managed a gain of 0.2 percent Tuesday. The Dow Jones Industrial Average fell 0.2 percent, and the Nasdaq composite rose 0.4 percent.
Macy’s rose after unveiling a restructuring plan, and Norwegian Cruise Line steamed higher on hopes for a stronger 2024. Chevron weighed on the Dow amid worries that its pending takeover of Hess may be facing a threat. Treasury yields were mixed in the bond market after a report showed that confidence among U.S. consumers unexpectedly weakened. The yield on the 10-year Treasury edged up to 4.31 percent.
On Tuesday:
The S&P 500 rose 8.65 points, or 0.2 percent, to 5,078.18.
The Dow Jones Industrial Average fell 96.82 points, or 0.2 percent, to 38,972.41.
The Nasdaq composite rose 59.05 points, or 0.4 percent, to 16,035.30.
The Russell 2000 index of smaller companies rose 27.14 points, or 1.3 percent, to 2,056.11.
For the week:
The S&P 500 is down 10.62 points, or 0.2 percent.
The Dow is down 159.12 points, or 0.4 percent.
The Nasdaq is up 38.48 points, or 0.2 percent.
The Russell 2000 is up 39.42 points, or 2 percent.
For the year:
The S&P 500 is up 308.35 points, or 6.5 percent.
The Dow is up 1,282.87 points, or 3.4 percent.
The Nasdaq is up 1,023.95 points, or 6.8 percent.
The Russell 2000 is up 29.03 points, or 1.4 percent.
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