Wall Street pulls back on tariff report

Wall Street pulls back on tariff report

FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., January 13, 2020. REUTERS/Brendan McDermid

NEW YORK (Reuters) – U.S. stocks were mixed on Tuesday, reversing earlier intra-day record highs, following a report the United States would likely maintain tariffs on Chinese goods until after November’s presidential election.

The Dow Jones Industrial Average .DJI rose 32.15 points, or 0.11%, to 28,939.2, the S&P 500 .SPX lost 5.04 points, or 0.15%, to 3,283.09 and the Nasdaq Composite .IXIC dropped 22.60 points, or 0.24%, to 9,251.33.

Reporting by Chuck Mikolajczak; Editing by Chris Reese

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