Nasdaq Closes at Record High

But Dow Jones slips
By Newser Editors and Wire Services
Posted Jun 12, 2018 3:00 PM CDT
Traders Gregory Rowe, center, and Robert Charmak work on the floor of the New York Stock Exchange, Monday, June 11, 2018.   (AP Photo/Richard Drew)

(Newser) – Stocks are closing mixed as technology companies and retailers rise, and the S&P 500 is ending at a four-month high, the AP reports. Twitter climbed 5% Tuesday and Dollar Tree gained 3%. However energy companies and banks took losses. A federal judge is expected to rule shortly on whether AT&T can buy Time Warner in a major antitrust trial. AT&T rose 0.5% and Time Warner rose 0.1%. The S&P 500 rose 4 points, or 0.2%, to 2,786, the highest close since Feb. 1. The Dow Jones industrial average slid 1 point to 25,320. The Nasdaq composite added 43 points, or 0.6%, to a record high of 7,703. (Read more stock market stories.)

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