NEW YORK, Jan. 4 (Xinhua) — U.S. stocks finished mixed on Tuesday, pressured by weakness in the health care and the tech sectors.
The Dow Jones Industrial Average increased 214.59 points, or 0.59 percent, to 36,799.65. The S&P 500 was down 3.02 points, or 0.06 percent, to 4,793.54. The Nasdaq Composite Index dipped 210.08 points, or 1.33 percent, to 15,622.72.
Six of the 11 primary S&P 500 sectors ended in red, with health care and technology down 1.38 percent and 1.14 percent, respectively, leading the laggards. Energy jumped 3.46 percent, the best-performing group.
U.S.-listed Chinese companies traded lower with all the top 10 stocks by weight in the S&P U.S. Listed China 50 index ending the day on a downbeat note.
The above market reactions followed a lackluster U.S. manufacturing report.
The December U.S. Manufacturing Purchasing Managers’ Index registered 58.7 percent, down from the November reading of 61.1 percent and below the 60 percent consensus, the Institute for Supply Management reported on Tuesday. Any reading above 50 percent indicates the manufacturing sector is generally expanding.
Meanwhile, investors assessed the fallout of the COVID-19 as the United States continues to report an explosive increase in new cases fueled by a rapid spread of the Omicron variant.
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