Stocks Flat as Pandemic Relief Efforts Continue



Stocks were marginally lower on Tuesday as lawmakers try to make inroads on a new coronavirus stimulus package.

The Dow Jones Industrials inched ahead 5.91 points to begin the session at 26,670.31.

The S&P 500 gained 3.7 points to 3,298.31

The NASDAQ picked up 28.24 points to 10,931.04.

Microsoft gained 5.6% and Apple captured 2.5%, to power the S&P 500 tech sector to an all-time high. Tech has been by far the best-performing sector this year, rising more than 23% in that time period.

Tuesday’s readings come as lawmakers struggle to make inroads on a new coronavirus stimulus package. House Speaker Nancy Pelosi said she, Senate Minority Leader Chuck Schumer and White House chief of staff Mark Meadows held “productive” discussions on Monday, but added there are several issues still outstanding

Prices for the 10-Year Treasury gained, lowering yields to 0.52% from Monday’s 0.54%. Treasury prices and yields move in opposite directions.

Oil prices dipped 11 cents to $40.90 U.S. a barrel.

Gold prices gained $8.50 to $1,994.80 U.S. an ounce.