(CNBC) — U.S. equities closed mixed after a choppy session on Tuesday, as the Nasdaq composite notched a fresh record high, while investors prepared for a key news conference from the U.S. president-elect.
"For the past few weeks, you're seeing a tug-of-war between bulls and bears," said Adam Sarhan, CEO at 50 Park Investments. "The market continues to wait for a catalyst."
The Nasdaq hit a new intraday record and posted a new closing high, as health care stocks rose. The S&P 500 closed flat, with consumer discretionary leading advancers and real estate lagging. The Dow Jones industrial average fell about 30 points, after briefly flirting with the psychologically important 20,000 mark.
Advertisement - story continues below