Markets End the Day Slightly Higher

Dow closes up 36
By Newser Editors and Wire Services
Posted May 2, 2017 3:16 PM CDT
Markets End the Day Slightly Higher
Specialist Michael Pistillo, left, works with traders at his post on the floor of the New York Stock Exchange, Tuesday, May 2, 2017.   (AP Photo/Richard Drew)

US stock indexes are closing slightly higher as gains in industrial companies are offset by losses in automakers and energy companies, the AP reports. Engine maker Cummins rose 6.1% Tuesday. Automakers were broadly lower after posting weak April sales. Fiat Chrysler lost 4.3% and Ford gave up 4.4%. Energy companies fell after oil fell to its lowest price in almost six months. Rig operator Transocean lost 2.3%. The Standard & Poor's 500 index edged up 2 points, or 0.1%, to 2,391. The Dow Jones industrial average gained 36 points, or 0.2%, to 20,949. The Nasdaq composite edged up 3 points, or 0.1%, to 6,095, another record high. Small-company stocks fell. (Read more Dow Jones stories.)

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