By DAMIAN J. TROISE and ALEX VEIGA
AP Business Writers
A choppy day of trading on Wall Street ended with indexes mixed Tuesday as a drop in bond yields hurt bank stocks but helped big technology companies.
The S&P 500 rose 0.3% after briefly slipping into the red in the early going. The modest gain nudged the benchmark index to an all-time high. Technology stocks and companies that rely on consumer spending helped lift the broad market index. The gains were tempered by a pullback in banks, industrial companies and other stocks.
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By Damian Troise and Alex Veiga
Updated
3.27am
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A choppy day of trading on Wall Street ended with indexes mixed on Tuesday (US time) as a drop in bond yields hurt bank stocks but helped big technology companies.
The S&P 500 rose 0.3 per cent after briefly slipping into the red in the early going. The modest gain nudged the benchmark index to an all-time high. Technology stocks and companies that rely on consumer spending helped lift the broad market index. The gains were tempered by a pullback in banks, industrial companies and other stocks.