US STOCKS were little changed yesterday, with the S&P 500 creeping up to another record closing high in a lethargic session, though a number of retail stocks traded heavily after reporting results.
The Dow Jones industrial average rose 15.31 points, or 0.09 per cent, to 17,122.01. The S&P 500 gained 0.1 point, or 0.01 per cent, to 2,000.12, and the Nasdaq Composite dropped 1.02 points, or 0.02 per cent, to 4,569.62.
Both Tiffany & Co and apparel retailer Express rose after posting quarterly revenue that topped expectations and raising their full-year profit views.
Shares of Tiffany rose 1 per cent to $101.75, while Express jumped 12.7 per cent to $16.45 on volume that easily eclipsed its 50-day average.
Best Buy was the S&P 500’s biggest percentage gainer, up 6.3 per cent at $31.69.