Stocks Close Mostly Higher

Tuesday sees relatively stable trading
By Newser Editors and Wire Services
Posted Jan 5, 2016 3:16 PM CST
Stocks Close Mostly Higher
Trader Jonathan Corpina, center, works on the floor of the New York Stock Exchange, Tuesday, Jan. 5, 2016. U.S. stocks are opening modestly higher as trading stabilizes a day after a plunge in China unsettled investors around the globe.    (Richard Drew)

US stocks are closing mostly higher after a day of wavering between small gains and losses. The relatively stable trading Tuesday came a day after a plunge in China's main index set off a bout of selling in global markets. The Dow Jones industrial average gained nine points, or 0.1%, to 17,158. The Standard & Poor's 500 index edged up four points, or 0.2%, to 2,016. The Nasdaq composite fell 11 points, or 0.1%, to 4,891.

Ford fell 2% and General Motors fell 3% after the companies reported sales figures that fell short of forecasts. Gun makers rose after new data pointed to strong sales at the close of 2015. Smith & Wesson jumped 11% and Sturm Ruger gained 7%. (Read more Dow Jones stories.)

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