Stocks gave up an early gain and ended lower Tuesday, a lackluster first trading day of 2023 for Wall Street just days after it closed the books on its worst year since 2008.
The S&P 500 shed a 1 percent gain and finished 0.4 percent lower. The Dow Jones Industrial Average slipped less than 0.1 percent and the Nasdaq composite dropped 0.8 percent. Small-company stocks also lost ground, pulling the Russell 2000 index 0.6 percent lower.
