NEW YORK (AP) — The latest on developments in financial markets (All times local):
A modest upturn in afternoon trading was enough to deliver record high closes for the Dow Jones industrial average and the Russell 2000 index, which tracks small and mid-sized companies.
The Standard & Poor's 500 index of large companies ended just below its own all-time high Tuesday.
Phone companies rose more than the rest of the market. AT&T jumped 1.9 percent. Banks also rose.
The price of oil slumped after a 4-day rally. Energy companies ended slightly lower. Pioneer Natural Resources fell 1.9 percent.
The Dow rose 35 points, or 0.2 percent, to 19,251. The S&P 500 index rose 7 points, or 0.3 percent, to 2,212. The Nasdaq composite rose 24 points, or 0.5 percent, to 5,333.
The Russell jumped 14 points, or 1.1 percent, to 1,352.
Stocks are wavering between small gains and losses in midday trading on Wall Street.
Energy companies slumped Tuesday as the price of crude oil turned lower after a four-day rally.
The Dow Jones industrial average slipped after setting a record high close the day before.
Chipotle Mexican Grill dropped 7 percent after the company's CEO said the restaurant operator's turnaround is going slower than expected.
The Dow fell 17 points, or 0.1 percent, to 19,198.
The Standard & Poor's 500 index was up a fraction at 2,205. The Nasdaq composite lost 6 points, or 0.1 percent, to 5,302.
Stocks are opening slightly lower on Wall Street, led by declines in energy companies as the price of crude oil turns lower.
Several of the biggest decliners in the Standard & Poor's 500 index in early trading Tuesday were energy companies.
Devon Energy and rig operator Transocean each fell 3 percent.
Arts and crafts retailer Michaels slumped 8 percent after reporting earnings that fell short of analysts' estimates.
The Dow Jones industrial average fell 13 points, or 0.1 percent, to 19,198. The Dow closed at a record high the day before.
The S&P 500 slipped 1 point to 2,203. The Nasdaq composite lost 1 point to 5,307.