Major U.S. stock market indexes rose slightly higher on Tuesday, though weakness in shares of tech and social media companies limited their gains.
The Dow Jones Industrial Average rose 60.00 points, or 0.2%, to close at 31068.69, after oscillating between small losses and gains throughout the day.
The broad-based S&P 500 rose 1.58 points, or less than 0.1%, to 3,801.19. The Nasdaq Composite advanced 36.00 points, up 0.3%, to 13072.43.
All three indexes closed the record highs on Friday, but retreated earlier this week.
Investors expect stocks to recover this year, as vaccine deployment and new public spending will help the economy recover from the disruption caused by the pandemic. Still, some are poised for volatility in the coming months amid risks from high valuations in some parts of the market, the high rate of coronavirus cases and political uncertainty following last week’s attack. to the Chapters.