How major US stock indexes fared Tuesday, 2/27/2024

Stocks held relatively steady on Wall Street near their record levels. The S&P 500 managed a gain of 0.2% Tuesday. The Dow Jones Industrial Average fell 0.2%, and the Nasdaq composite rose 0.4%. Macy’s rose after unveiling a restructuring plan, and Norwegian Cruise Line steamed higher on hopes for a stronger 2024. Chevron weighed on the Dow amid worries that its pending takeover of Hess may be facing a threat. Treasury yields were mixed in the bond market after a report showed that confidence among U.S. consumers unexpectedly weakened. The yield on the 10-year Treasury edged up to 4.31%