Stocks Pared Losses and Ended Mostly Higher
-- Tuesday, September 10, 2019, 16:53 --
U.S. stocks pared losses and ended mostly higher on Tuesday, as a rally in energy, industrials and materials stocks overshadowed a selloff in momentum-driven technology shares. The Dow Jones Industrial Average rose 73.92 points, or 0.28%, to 26,909.43. The S&P 500 added 0.96 point, or 0.03%, to 2,979.39. The Nasdaq Composite retreated 3.28 points, or 0.04%, to 8,084.16.
Oil futures ended lower Tuesday, as traders bet that the departure of U.S. National Security Adviser John Bolton will ease tensions with Iran. West Texas Intermediate crude for October delivery fell by 45 cents, or 0.8%, to settle at $57.740 a barre. November Brent crude lost 21 cents, or 0.3%, to $62.38 a barrel.
Apple’s (AAPL) special event in Cupertino, California, took centerstage Tuesday. The company unveiled its newest smartphone, as well as updates to its other hardware and services offerings.