Stock market today: Wall Street holds relatively steady near record highs

FILE – A U.S. flag waves outside the New York Stock Exchange, Monday, Jan. 24, 2022, in New York. (AP Photo/John Minchillo, File)

NEW YORK (AP) — Stocks are holding relatively steady on Wall Street near their record levels. The S&P 500 fell 0.1% in Tuesday afternoon trading. The Dow Jones Industrial Average fell 149 points, or 0.4%, and the Nasdaq composite was mostly unchanged. Macy’s rose after unveiling a restructuring plan, and Norwegian Cruise Line steamed higher on hopes for a stronger 2024. Chevron was weighing 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.

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