Stocks End on a Mixed Note; Dow Jones Posts Eighth Straight Higher Finish

Stocks struggled in trading on Tuesday as investors took a breather after a week-long rally. However, the Dow Jones managed to post modest gains, making it the eighth straight higher finish for the benchmark index.

The Dow Jones ended the day 0.02% higher at 14,450.06, the S&P 500 ended the day 0.24% lower at 1,552.48, and the Nasdaq ended the day 0.32% lower at 3,242.32.

Consumer Cyclical sector led the losses in the S&P 500 in trading on Tuesday, ending the day 0.70% lower. Financials also fell sharply on Tuesday, ending the day 0.66% lower. Conglomerates ended the day 0.63% lower. Technology sector ended the day 0.59% lower. Basic Materials and Healthcare were the only sectors in the S&P 500 to finish the day in green. Basic Materials sector ended the day 0.13% higher, while Healthcare sector ended the day 0.24% higher.

Among the major movers in trading on Tuesday were Urban Outfitters Inc. (NASDAQ: URBN), which ended the day 0.75% higher at $41.81, Research In Motion Ltd. (NASDAQ: BBRY), which ended the day 2.89% lower at $14.47, Apple Inc. (NASDAQ: AAPL), which ended the day 2.16% lower at $428.43, Merck & Co. Inc. (NYSE: MRK), which ended the day 3.16% higher at $45.04, and Wal-Mart Stores Inc. (NYSE: WMT), which ended the day 0.85% higher at $73.60.

European markets ended mostly higher on Tuesday, with the FTSE 100 Index closing 0.11% higher, and the CAC 40 Index in Paris closing 0.10% higher. Asian markets ended mostly lower overnight, with the Nikkei 225 Index in Japan closing 0.28% lower, and the Hang Seng Index in Hong Kong closing 0.87% lower.



Ed Liston is a senior contributing editor at An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications. He is widely quoted in various financial publications on the Internet. When Ed is not writing about stocks, investing in stocks, talking about stocks, or otherwise doing something stock related, he likes to go sailing and fishing in his yacht.