Stocks Close Mixed
Stocks closed mixed on Tuesday, with the NASDAQ rising, the Dow falling and the S&P 500 closely more or less flat.
Yet more depressing housing data hit the market today, when the National Association of Realtors reported that pending home sales
fell to the lowest level since they began tracking purchases in 2001.
However, despite the negative housing data, which sent treasuries higher, a number of
homebuilding stocks rallied.
Baidu.com
(
BIDU |
Quote |
Chart |
News |
PowerRating), the Chinese internet search site, jumped nearly 13% today.
The U.S. dollar continues to edge higher (read
more), putting pressure on commodities.
Crude oil was lower most of the day but closed up fractionally. Meanwhile, gold posted its steepest decline since August.
| Stocks in the News |
|
|
| Market Snapshot | ||||||||||||||||||||||||||||||||||||||||||||
|
|
Strongest/Weakest Industry Groups |
||||||||
|
Economic News |
|
|