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.
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.
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