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Stocks Closed Mixed Tuesday

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.


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