NEW YORK (September 18, 2012)--Stocks ended the day mixed Tuesday after discouraging economic news from FedEx.
The Standard & Poor's 500 index closed down just shy of two points at 1,459.
The Nasdaq fell one point to close at 3,178.
The Dow Jones industrial average posted a small gain, rising almost 12 points to end the day at 13,565.
FedEx says it's seeing a worldwide economy that is stalled.
Investors pay attention to its forecasts because its package deliveries span the globe, giving FedEx a good window into how the economy is doing.
Declining stocks outnumbered advancers almost 3-to-2.
The declines were widespread, but mild.
Seven out of 10 industry groups in the S&P 500 index fell.
Apple got above $700 per share for the first time, rising $2.13 to close at $701.91.