Saturday, March 3, 2012

DOW UP, NASDAQ DOWN ON A DAY OF MIXED TRADING.(BUSINESS)

Byline: PATRICIA LAMIELL Associated Press

NEW YORK -- Stocks ended mixed Tuesday, as the Dow Jones industrials moved to record highs amid a return to manufacturing and basic materials stocks, but the Nasdaq composite sank on profit-taking in some technology shares.

The Dow climbed 113.12 to 10,831.71, breaking 10,800 for the first time and topping its previous record, set last Thursday, of 10,727.18.

The Standard & Poor's 500 index added 2.76 to 1,362.80, enough to beat Monday's record close and reach its second consecutive new high. But the Nasdaq composite index, which climbed to a new high on Monday, lost 49.64 to 2,602.41.

Traders said …

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