Market Snapshot: U.S. stocks little changed amid ‘illusion of market stability’ after S&P 500 sets record

U.S. stocks drifted between gains and losses Tuesday morning, one day after S&P 500 notched its sixth record of the year, in the wake of a China-U.S. trade truce achieved at the G-20 meeting in Japan on Saturday. However, doubts that a substantive deal can be quickly achieved has made investors reluctant to bid stocks much higher ahead of U.S. labor-market data due Friday.

How are benchmarks faring?

The Dow Jones Industrial Average DJIA, -0.14% was off 12 points, or less than 0.1%, at 26,707, the S&P 500 SPX, -0.11% gained less than a point to 2,965, while the Nasdaq Composite index COMP, -0.18% gave up 5 points to reach 8,086, a decline of 0.1%.

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