Dow holds gains as markets slip
Stock prices were mixed Tuesday, Oct. 6, 2015, a day after a rally took the Dow Jones industrial average to 304 points. The camera angle makes these traders look like they are working at warp speed on Monday. Credit: AP / Mark Lennihan
A rally in energy stocks Tuesday wasn't enough to lift the broader market, leaving only the Dow Jones industrial average with gains at the closing bell.
At the close on Wall Street, The Dow was up 13.8 points, nearly 0.1 percent, at 16,790.2. The Standard & Poor's 500 index had slipped 7.1 points, about 0.4 percent, to 1,980, and the Nasdaq composite fell nearly 33 points, about 0.7 percent, to 4,748.4.
About the same time, U.S. benchmark crude rose $2.42, about 5.2 percent, to $48.68 a barrel on the New York Mercantile Exchange. The Nov. 15 contract is up for a second day.
Chevron, ConocoPhillips and other energy companies rose sharply Tuesday as the price of crude oil jumped.
DuPont soared 8 percent after its embattled CEO said she would retire.
Pharmaceutical companies had another tumble. Investors are worried about pushback from government and consumers over the industry's drug pricing practices.
Sarra Sounds Off, Season 3, Ep 3: Top football teams in action, fantasy update and plays of the week Gregg Sarra sounds off on the Northport and Half Hollow Hills East matchup, plus Tess Ferguson has an update on the high school fantasy football standings and Jared Vailuzzi has the plays of the week.
Sarra Sounds Off, Season 3, Ep 3: Top football teams in action, fantasy update and plays of the week Gregg Sarra sounds off on the Northport and Half Hollow Hills East matchup, plus Tess Ferguson has an update on the high school fantasy football standings and Jared Vailuzzi has the plays of the week.
