Stocks close mixed as regulators seek pause in J&J vaccine

Friday, April 9, 2021, Vol. 45, No. 15

Stocks closed mixed on Wall Street Tuesday as gains from a handful of Big Tech companies were tempered by weakness elsewhere in the market.

Treasury yields fell, which hurt banks but helped tech companies.

The S&P 500 rose 0.3%, notching another record high. The Dow Jones Industrial Average slipped 0.2% and the tech-heavy Nasdaq rose 1.1%. Among major tech stocks, Apple gained 2.4%.

Johnson & Johnson fell 1.3% after U.S. regulators recommended a pause in using its single-dose COVID-19 vaccine to investigate reports of possibly dangerous blood clots.

The yield on the 10-year Treasury note fell to 1.62%.