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Investing.com – Stocks ended basically flat Tuesday as President Donald Trump’s speech did not offer clues on when a China-U.S. trade deal will be signed.
The was up 0.16%, or about five points. The and indexes added nearly 0.3%. The finished with a gain of just a third of a point, held back by weakness in Boeing (NYSE:) and Caterpillar (NYSE:).
The finish was a disappointment for bulls because the , Nasdaq and had hit new intraday highs in the morning.
Boeing (NYSE:) was off 1.1% after The Wall Street Journal said the company has lost more than 200 orders for 737 MAX jets. The company blamed airline bankruptcies and customers swapping out for other models.
On Monday, Boeing (NYSE:) said it expects Federal Aviation Administration approval for the troubled jet by the end of December, with planes returning to service by the end of January. Whether that occurs is unclear. Southwest Airlines (NYSE:) has said March is more likely.
Caterpillar’s business is influenced by its prospects in China.
Walt Disney (NYSE:), Walgreens Boots Alliance (NASDAQ:) and Merck (NYSE:) were the leaders. Autodesk (NASDAQ:), Facebook (NASDAQ:) and IDEXX Laboratories (NASDAQ:) were among the leaders.
Healthcare, materials communication services and technology were the strongest sectors, with real estate and energy the weakest.
prices and interest rates moved lower.
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