Major U.S. stock indexes closed slightly lower Tuesday after recouping much of an early slump. The slide was brought on, in part, by a troubling rise in global long-term borrowing rates. The price of oil closed above $60 a barrel for just the third time this year, giving a boost to energy stocks.
The Dow Jones industrial average fell 36.94 points, or 0.2 percent, to close at 18,068.23.
The Standard & Poor's 500 index lost 6.21 points, or 0.3 percent, to 2,099.12.
The Nasdaq declined 17.38 points, or 0.4 percent, to 4,976.19.
For the week:
The Dow is down 122.88 points, or 0.7 percent.
The S&P 500 index is down 16.98 points, or 0.8 percent.
The Nasdaq is down 27.36 points, or 0.6 percent.
For the year:
The Dow is up 245.16 points, or 1.4 percent.
The S&P 500 index is up 40.22 points, or 2 percent.
The Nasdaq is up 240.13 points, or 5.1 percent.