How major US stock indexes fared Tuesday
Retailers sank Tuesday after Amazon said it will raise hourly wages for U.S. employees, and smaller companies continued to stumble. Manufacturers rose and the Dow Jones Industrial Average finished at a record high.
The S&P 500 index slid 1.16 points to 2,923.43.
The Dow Jones Industrial Average jumped 122.73 points, or 0.5 percent, to 26,773.94.
The Nasdaq composite dropped 37.75 points, or 0.5 percent, to 7,999.55.
The Russell 2000 index of smaller-company stocks skidded 16.95 points, or 1 percent, to 1,656.04.
For the week:
The S&P 500 index is up 9.45 points, or 0.3 percent.
The Dow is up 315.63 points, or 1.2 percent.
The Nasdaq is down 46.80 points, or 0.6 percent.
The Russell 2000 is down 40.53 points, or 2.4 percent.
For the year:
The S&P 500 is up 249.82 points, or 9.3 percent.
The Dow is up 2,054.72 points, or 8.3 percent.
The Nasdaq is up 1,906.16 points, or 15.9 percent.
The Russell 2000 is up 120.53 points, or 7.8 percent.