Dow Reaches New Record Closing High, Nasdaq Pulls Back Sharply

After moving notably higher over the course of the previous session, the major U.S. stock indexes turned a starkly mixed performance during trading on Tuesday. While the Dow climbed to a new record closing high, the tech-heavy Nasdaq showed a substantial pullback.

The Dow ended the session off its best levels of the day but still closed up 214.59 points or 0.6 percent at 36,799.65. Meanwhile, the Nasdaq tumbled 210.08 points or 1.3 percent to 15,622.72 and the S&P 500 edged down 3.02 points or 0.1 percent to 4,793.54 after reaching a record intraday high.

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by RTTNews Staff Writer

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