Epic Research Update : US Markets
US stocks closed mixed Tuesday, stabilizing after a sharply lower start to the year despite pressure from a fresh decline in oil prices. The S&P 500 held above key technical level, its August low of 1,867.
The Dow Jones industrial average closed up 27.94 points, or 0.17 percent, at 16,016.02, with UnitedHealth leading advancers and Chevron the greatest laggard.
The S&P 500 closed up 1.00 point, or 0.05 percent, at 1,881.33, with utilities leading five sectors higher and energy the greatest decliner.
The Nasdaq composite closed down 11.47 points, or 0.26 percent, at 4,476.95. Apple and Microsoft closed about half a percent lower or more, while the iShares Nasdaq Biotechnology ETF (IBB) ended 2.2 percent lower.
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