Stocks Little Changed After Monday Highs

November 12,2024 10:35 am EST

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Stocks Little Changed After Monday Highs

Stocks were little changed Tuesday as Wall Street took a breather from a postelection rally that brought the major U.S. benchmarks to all-time highs.

The Dow Jones Industrial index gave way 64.05 points to 44,229.08.

The S&P 500 index dipped 4.64 points to 5,996.71.

The NASDAQ slid 2.44 points to 19,296.32.

Tuesday's action comes a day after the Dow closed above 44,000 for the first time. The S&P 500 also had its first close above 6,000.

Nvidia and Meta Platforms were about 1% higher. Tesla, a post-election winner, gave back some of its recent gains, down 3.5%.

Investors will watch Tuesday for economic data on small businesses due in the morning. They'll also monitor commentary from Federal Reserve officials including Fed Governor Christopher Waller later in the day.

The bond market reopened after Veterans Day, prices fell, driving yields up 4.37% from Friday's 4.31%. Treasury prices and yields move in opposite directions.

Oil prices regained 73 cents to $68.77 U.S. a barrel.

Prices for gold dipped $2.10 an ounce to $2,615.90 U.S.

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