Investing.com – Wall Street was mixed on Tuesday, as technology stocks dragged on markets.
The S&P 500 rose two points or 0.10% to 2,750.35 as of 10:12 AM ET (15:12 GMT) while the Dow composite increased 56 points or 0.22% to 25,339.55 and tech heavy NASDAQ Composite was down over one point or 0.03% to 7,155.42
Technology stocks were the hardest hit after the morning bell. Luxury car maker Tesla (NASDAQ:TSLA) fell 1.59% while Apple (NASDAQ:AAPL) inched down 0.28% and Facebook (NASDAQ:FB) was down 0.47%. Meanwhile GoPro slumped 5.49% after announcing it was considering selling itself. The firm fell 30% on Monday amid news that it was firing hundreds of employees and exiting the drone market.
Elsewhere, financial stocks were up. JPMorgan Chase & Co (NYSE:JPM) increased 0.68% while Bank of America (NYSE:BAC) rose 0.85% and HSBC Holdings (LON:HSBA) PLC ADR (NYSE:HSBC) inched up 0.52%. JP Morgan, Wells Fargo (NYSE:WFC) and Blackrock (NYSE:BLK) are expected to release their financial earnings on Friday.
In economic news, the number of job openings fell unexpectedly in November. In the release of the monthly Job Openings and Labor Turnover Survey (JOLTS), the U.S. Labor Department said that the number of job openings, excluding the farming industry, fell to 5.879 million in November from 5.925 million a month earlier, which was revised down from the original reading of 5.996 million.
In Europe stocks were mostly up. In Germany the DAX rose five points or 0.04% while France’s CAC 40 increased 21 points or 0.40% and in London the FTSE 100 fell 25 points or 0.32%. Meanwhile Spain’s IBEX 35 was up three points or 0.03% and the pan-European Euro Stoxx 50 fell two points or 0.06%.
In commodities, gold futures decreased 0.64% to $1,312.00 a troy ounce while crude oil futures increased 0.29% to 61.91 a barrel. The U.S dollar index, which measures the greenback against a basket of six major currencies, rallied 0.22% to 92.28.