Stocks little changed as tech shares, Ford weigh on market

By Around the Web

(CNBC) — Stocks ended the day little changed on Tuesday, weighed down by a continuing decline in tech shares while Ford was pressured by a downgrade to its credit rating.

The S&P 500 closed just above the flatline at 2,979.39. The Nasdaq Composite closed marginally lower at 8,084.16. The Dow Jones Industrial Average outperformed, rising 73.92 points, or 0.3% to 26,909.43, posting a five-day winning streak.

Shares of Facebook and Amazon fell 1.4% and 0.6%, respectively. The Technology Select Sector SPDR Fund (XLK) slid 0.5%. The S&P 500 tech sector was one of the worst performers on Monday, sliding 0.7%. Netflix shares dropped 2.2% after Apple unveiled a TV service for $4.99 per month.

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