Stocks drifted on Wall Street amid a vacuum of market-moving data.
The S&P 500 rose 0.2% Tuesday. The Dow Jones Industrial Average closed up 10 points while the Nasdaq added 0.4%. Banks were some of the bigger gainers, recovering from their struggles earlier this year after high interest rates helped cause several high-profile failures.
The cryptocurrency world took another hit after U.S. regulators accused the Coinbase crypto trading platform of operating as an unregistered securities exchange. The S&P 500 is closing in on a gain of 20% from where it was in mid-October.
On Tuesday:
The S&P 500 rose 10.06 points, or 0.2%, to 4,283.85.
The Dow Jones Industrial Average rose 10.42 points, or less than 0.1%, to 33,573.28.
The Nasdaq composite rose 46.99 points, or 0.4% to 13,276.42.
The Russell 2000 index of smaller companies rose 48.69 points, or 2.7%, to 1,855.40.
For the week:
The S&P 500 is up 1.48 points, or less than 0.1%.
The Dow is down 189.48 points, or 0.6%.
The Nasdaq is up 35.65 points, or 0.3%.
The Russell 2000 is up 24.49 points, or 1.3%.
For the year:
The S&P 500 is up 444.35 points, or 11.6%.
The Dow is up 426.03 points, or 1.3%.
The Nasdaq is up 2,809.94 points, or 26.8%.
The Russell 2000 is up 94.15 points, or 5.3%.
