U.S. stocks closed lower Tuesday in a holiday-shortened week for Thanksgiving, taking a breather from a powerfully November rally for stocks that lifted both the S&P 500 and Nasdaq Composite quickly out of correction territory. The Dow Jones Industrial Average shed about 62 points, or 0.2%, ending near 35,088, according to preliminary data from FactSet. The S&P 500 index shed 0.2% and the Nasdaq Composite Index closed 0.6% lower. Shares of airlines were under pressure Tuesday, despite expectations for a record holiday travel season, with the U.S. Global Jets ETF falling 1.7%, a day after it finished at a six-week high….
Master your money.
Subscribe to MarketWatch.
Get this article and all of MarketWatch.
Access from any device. Anywhere. Anytime.
Already a subscriber?
Log In