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Mixed Moves

Indices closed out mixed on Tuesday. The Dow ended slightly in the red. The S&P 500 and Nasdaq posted marginal gains. When all was said and done, trading ended somewhat flat. AT&T, Merck, and Travelers led decliners on the Dow. Technology and transportation shares led Nasdaq gainers. Crude oil added 40 cents to settle at $85.81 a barrel. On another note, Alcoa reported quarterly figures after the bell. The aluminum maker said net income more than doubled to $172 million, or 15 cents a share, from $61 million, or 6 cents, a year earlier. Looking ahead to tomorrow, the Federal Reserve is set to release minutes from its latest FOMC meeting.
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