Wall Street closes mixed as oil prices retreat

Wall Street closes mixed as oil prices retreat

Nasdaq ends with another record high

By Ovunc Kutlu

NEW YORK (AA) - Wall Street closed mixed Tuesday as oil prices surrendered some of their gains.

The Dow lost two points to finish flat at 20,979 and the S&P fell less than two points to 2,400.

The Nasdaq, on the other hand, gained 20 points to close at 6,169 -- a new record high for the second day in a row.

At the final bell, American benchmark West Texas Intermediate was down 0.5 percent to $48.62, while international benchmark Brent crude was trading at $51.62 -- a 0.4 percent loss.

Microsoft and Yahoo saw their stocks gain 2 percent.


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