Pursuits
S&P 500 Closes Little Changed Amid Data as Energy Shares Retreat
- Durable goods orders outpace forecasts, consumer spending lags
- Investors remain focused on global central banks' policy
Citigroup Sees Single-Digit 2016 Market Environment
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U.S. stocks closed little changed in light trading, with equities hovering near three-week highs as investors weighed mixed economic data and weakness in commodities.
The Standard & Poor’s 500 Index roamed in a narrow range for a third day, following the index’s strongest week this year. Declines in energy and raw-material shares were offset as Pfizer Inc. climbed 2.8 percent to lead health-care companies higher. Macy’s Inc. gained 1.9 percent to pace an increase among a group of retailers, which rose for the seventh time in eight days.