S&P 500 almost flat on Tuesday

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Source: Dukascopy Bank

S&P 500 Index added 0.01% or 0.1 point on Tuesday and finished at 1,265.43 led by utility stocks. On year-to-date basis the index is 0.6% up. Most negative contribution came from Sears Holdings Corp. after the retail company announced it will close 120 stores. Financials also weighted down on index as Morgan Stanley lost 2.98% and Citigroup Inc. was down 2.04%. Main gainers who helped to offset losses were International Game Technology and Tiffany & Co. adding 4.95% and 3.98% respectively.

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