Dow reaches new record as Nasdaq dips
iStock/Thinkstock(NEW YORK) — Wall Street closed mostly in the red on Tuesday despite the Dow Jones Industrial Average reaching a new record.
The Dow gained 8.81 (+0.04 percent) to finish at 23,557.23.
The Nasdaq slid 18.65 (-0.27 percent) to close at 6,767.78, while the S&P 500 finished at 2,590.64, down 0.49 (-0.02 percent) from its open.
Crude oil prices were little changed at $57 per barrel.
Winners and Losers: Shares of travel companies fell on earnings misses. Priceline sunk 13.52 percent and competitor TripAdvisor tumbled 23.22 percent.
Weight Watchers soared 13.55 percent on a third-quarter earnings report that beat investors’ expectations. Oprah Winfrey’s investment in the company has paid off– she’s made about $300 million over two years.
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