Stocks drift indecisively as tensions build in Ukraine; Dow and S&P 500 notch small gains
NEW YORK, N.Y. – U.S. stocks are finishing mixed after an indecisive day of trading as traders worried about escalating tensions in Ukraine.
The Standard & Poor’s 500 managed a small gain, enough to set its latest record high. The index closed 1 point higher, a gain of 0.1 per cent, at 1,878.
The Dow Jones industrial average rose 30 points, or 0.2 per cent, to 16,452.
The Nasdaq composite fell 16 points, or 0.4 per cent, to 4,336.
The market started the day higher after an encouraging report on the U.S. job market, then drifted between small gains and losses the rest of the day. Biotechnology and health care stocks were among the biggest decliners.
Three stocks fell for every two that rose on the New York Stock Exchange.
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