NEW YORK: Wall Street stocks were mixed in early trading Tuesday to open a holiday-shortened week as markets weighed the latest rise in US Treasury bond yields.
The S&P 500 was flirting with a fresh all-time record despite higher bond yields.
Briefing.com analyst Patrick O’Hare said the gains in the S&P 500 reflected the “lack of negative news catalysts” over a holiday weekend.
About 15 minutes into trading, the Dow Jones Industrial Average was down 0.2 percent at 44,442.32.
Wall Street Week Ahead
The broad-based S&P 500 added 0.1 percent at 6,122.22, narrowly above its all-time closing peak, while the tech-rich Nasdaq Composite Index advanced 0.3 percent to 20,088.81.
This week’s calendar includes minutes from the latest Federal Reserve meeting, as well as earnings from retail behemoth Walmart.
American Dollar Exchange Rate