NEW YORK (September 3, 2013)—Stocks closed slightly higher Tuesday after renewed worries about a U.S.-led attack on Syria dampened an early rally.
The Dow Jones industrial average rose 23 points, or 0.2 percent, to close at 14,833, but was up 123 points shortly after the market opened.
The Dow was also held back by Microsoft and Verizon, which both slumped after announcing deal news that investors didn't like.
Other indexes rose more than the Dow did.
The Standard & Poor's 500 index rose six points, 0.4 percent, to end at 1,639.
The Nasdaq composite rose 22 points, or 0.6 percent, to close at 3,612.
Microsoft fell after saying it would buy Nokia's smartphone business.
More stocks rose than fell on the New York Stock Exchange where volume was average at 3.4 billion shares.