U.S. Stocks Close Nearly Flat After Seeing Initial Strength

Stocks moved sharply higher at the start of trading on Tuesday but failed to sustain the upward move and spent the rest of the day showing a lack of direction. The major averages eventually ended the session near the unchanged line.

After jumping by more than 300 points in early trading, the Dow ended the day up just 45.86 points or 0.1 percent at 34,575.31. Meanwhile, the Nasdaq slipped 12.26 points or 0.1 percent to 13,736.48 and the S&P 500 edged down 2.07 points or 0.1 percent to 4,202.04.

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by RTTNews Staff Writer

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