Stocks Take a Breather Closing Mixed, Nasdaq Edges in the Green

September 2, 2014

Stocks took a breather Tuesday despite data showing U.S. manufacturing expanded beyond expectations last month. The S&P 500 pulled back after hitting another intraday record but still held on above 2,000. The Nasdaq did manage to squeeze out a small gain to close in the green. Crude oil for October delivery fell almost $3 to $92.88 a barrel. Energy stocks tumbled with dropping oil prices. Chevron (CVX) and Exxon Mobil (XOM) led the blue chips lower. Wynn Resorts (WYNN) lost 4 percent on news gambling revenue in Macau decreased last month. Home Depot (HD) is the latest retailer to have been hit by a massive credit-card breach. Airlines soared in today's session. Delta (DAL), American (AAL) and United Continental (UAL) all moved higher.