Wall Street churned to a mixed finish as a long list of worries looms, even if the most pressing crisis seems to be calming as Washington moves to avoid a default on its debt.
The S&P 500 was virtually unchanged Tuesday, hovering near its highest level since August. The Dow Jones Industrial Average fell 50 points. The Nasdaq composite led the market with a 0.3% gain as excitement built further about artificial intelligence.
Get breaking market news alerts:
Sign Up
President Joe Biden and House Speaker Kevin McCarthy are working to win votes for a deal reached over the weekend to allow the government to continue paying its bills.
On Tuesday:
The S&P 500 rose 0.07 points, less than 0.1%, to 4,205.52.
The Dow Jones Industrial Average fell 50.56 points, or 0.2%, to 33,042.78
The Nasdaq composite rose 41.74 points, or 0.3% to 13,017.43.
The Russell 2000 index of smaller companies fell 5.73 points, or 1%, to 1,767.29.
For the year:
The S&P 500 is up 366.02 points, or 9.5%.
The Dow is down 104.47 points, or 0.3%.
The Nasdaq is up 2,550.94 points, or 24.4%.
The Russell 2000 is up 6.05 points, or 0.3%.
Before you make your next trade, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis.
Our team has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and none of the big name stocks were on the list.
They believe these five stocks are the five best companies for investors to buy now...
See The Five Stocks Here
Need to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
