iStock/Thinkstock(NEW YORK) — Wall Street closed mixed Tuesday despite another record high for the Dow and a rally in oil prices.
The Dow gained 39.58 (+0.20 percent) to finish at 19,796.43.
The Nasdaq gave up 31.96 (-0.59 percent) to close at 5,412.54, while the S&P 500 finished at 2,256.96, down 2.57 (-0.11 percent) from its open.
Crude oil jumped nearly 2 percent with prices hitting over $53 a barrel after a new deal by top oil producers to reduce output.
Winners and Losers: Lockheed Martin Corp. sunk nearly 3 percent after President-elect Donald Trump tweeted against the defense contractor’s F-35 stealth fighter program, calling the cost “out of control.”
Chipotle Mexican Grill’s stock climbed over 3 percent on news of a leadership shake-up. Montgomery Moran, a co-chief executive is stepping down while founder Steve Ells will remain as the sole chairman of the Mexican fast food restaurant.
Viacom Vice Chairman Shari Redstone withdrew support for a merger with CBS Corp. and sent shares in the media company tumbling 9 percent.
Looking Ahead: The Federal Reserve will meet this week for its two-day policy meeting and analysts expect the U.S. central bank to raise interest rates for the first time since last year. The Dec. 2015 rate hike was the first of its kind since the recession.
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