Stocks were mixed Tuesday, with investors digesting a flurry of news in the world of deals.
Boeing shares edged lower after sinking Monday in response to the near-catastrophe on a 737 MAX 9 flight. Keep up with that story here. Nvidia rose a day after logging a record high.
U.S. stocks were mixed. The S&P 500 was about flat. The Dow Jones Industrial Average lost ground. while the Nasdaq Composite edged higher.
The benchmark Treasury yield edged higher. The yield on the 10-year note traded around 4.013%, up from 4.001% on Monday.
Oil prices gained, with Brent crude trading at $78 a barrel. Traders are weighing disruptions in the Red Sea, a key shipping lane, against signs of weakening demand.
T-Mobile US shares rose, on pace to extend its run of days in the green to 12 straight. That would mark their longest winning streak and a sixth straight record close.
Japanese stocks notched a multidecade high. The Stoxx Europe 600 slipped 0.2%.
Bitcoin slipped from late-Monday levels. The cryptocurrency has rallied of late ahead of the possible launch of exchange-traded funds that would hold bitcoin as opposed to derivatives. Here’s how the SEC might handle a deadline for spot bitcoin ETF applications tomorrow.
Earnings season kicks off in earnest this week. Major companies including JPMorgan Chase and Bank of America are set to report Friday.
U.S. inflation data is up ahead, with December consumer-price data due Thursday, followed by producer prices Friday.
