Stocks See Mixed Finish

Dow loses 64 points, S&P 500 and Nasdaq end the day higher
By Newser Editors and Wire Services
Posted May 1, 2018 3:00 PM CDT
Specialist Stephen Naughton, left, and trader James Riley work on the floor of the New York Stock Exchange, Monday, April 30, 2018.   (AP Photo/Richard Drew)

(Newser) – Stocks clawed back from an early loss as Apple led a rally in technology companies, the AP reports. Small-company stocks also did well Tuesday, outweighing losses in big household goods makers and industrial companies. The market got off to a weak start as investors focused on trade tensions, a drop in construction, and weaker growth in manufacturing. Steel makers slumped after the White House said it will delay its decision to impose tariffs on US imports of steel and aluminum from the European Union, Canada and Mexico for 30 days. Pfizer slumped 3% after reporting weak sales. The S&P 500 index rose 6 points, or 0.3%, to 2,654. The Dow Jones industrial average lost 64 points, or 0.3%, to 24,099. The Nasdaq composite rose 64, or 0.9%, to 7,130. (Read more stock market stories.)

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