Stocks held relatively steady on Wall Street near their record levels.
The S&P 500 managed a gain of 0.2% Tuesday. The Dow Jones Industrial Average fell 0.2%, and the Nasdaq $NDAQ composite rose 0.4%.
Macy’s rose after unveiling a restructuring plan, and Norwegian Cruise Line $NCLH steamed higher on hopes for a stronger 2024. Chevron $CVX 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%
On Tuesday:
The S&P 500 rose 8.65 points, or 0.2%, to 5,078.18.
The Dow Jones Industrial Average fell 96.82 points, or 0.2%, to 38,972.41.
The Nasdaq composite rose 59.05 points, or 0.4%, to 16,035.30.
The Russell 2000 index of smaller companies rose 27.14 points, or 1.3%, to 2,056.11.
For the week:
The S&P 500 is down 10.62 points, or 0.2%.
The Dow is down 159.12 points, or 0.4%.
The Nasdaq is up 38.48 points, or 0.2%.
The Russell 2000 is up 39.42 points, or 2%.
For the year:
The S&P 500 is up 308.35 points, or 6.5%.
The Dow is up 1,282.87 points, or 3.4%.
The Nasdaq is up 1,023.95 points, or 6.8%.
The Russell 2000 is up 29.03 points, or 1.4%.