The stock market drifted between small gains and losses throughout the day Tuesday, then headed steadily lower in the last hour of trading. Investors found some solace in strong results from Home Depot and Macy’s. The enthusiasm was not enough, however, to offset an unexpectedly steep decline in consumer confidence this month, due largely to bitter cold weather and winter storms that affected large parts of the country.
For the day:
The Dow Jones industrial average lost 27.48 points, or 0.2 percent, to 16,179.66.
The S&P 500 index fell 2.49 points, or 0.1 percent, to 1,845.12.
The Nasdaq composite fell 5.38 points, or 0.1 percent, to 4,287.59.
For the week:
The Dow is up 76.36 points, or 0.5 percent.
The S&P 500 is up 8.87 points, or 0.5 percent.
The Nasdaq has gained 24.18 points, or 0.6 percent.
For the year so far:
The Dow is down 397 points, or 2.4 percent.
The S&P 500 is down 3.24 points, or 0.2 percent.
The Nasdaq is up 111 points, or 2.7 percent.