US Stocks Hold Near Record High as Oil Prices Fall
US stocks held steady near their record high on Tuesday in a relatively quiet day for markets worldwide.
The S&P 500 index remained mostly unchanged, sitting just 0.4% below its all-time high set last month. The Dow Jones Industrial Average was down 170 points, or 0.3%, by 12:50 p.m. Eastern time.
Meanwhile, the Nasdaq composite was adding 0.3% to its own record, bucking the trend of the other major indices. Despite the fluctuations, the overall market sentiment remains positive, with investors seeming to brush off concerns about rising crude oil prices.