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U.S. stocks closed with moderate losses Tuesday, pushing the Dow Jones Industrial Average back below 18,000 for the first time in about a week.
The S&P 500 SPX, -0.49% pulled back 10.22 points, or 0.5%, to finish at 2,080.35, a day after scoring its 53rd record close of the year.
The Dow Jones Industrial Average DJIA, -0.31% shed 55.16 points, or 0.3%, to 17,983.07, undercutting 18,000 after first clearing that mark on Dec. 23.
The dollar lost ground versus the Japanese yen Tuesday, giving back recent gains as an upbeat year for the U.S. currency draws to a close.
Versus the yen, the dollar USDJPY, +0.16% traded at ¥119.56 from ¥120.69 late Monday in New York. The U.S. currency has climbed 13.6% against the Japanese currency this year.
The euro EURUSD, -0.01% meanwhile continued to plumb two-year lows versus the dollar, fetching $1.2155 in recent action, little changed from $1.2153 late on Monday. It has slumped 11.6% against the greenback this year.
The WSJ Dollar Index BUXX, -0.05% a measure of the dollar against a basket of major currencies, fell 0.42 point to 82.64. The ICE dollar index DXY, +0.02% , a measure of the U.S. unit against a basket of six major rivals, slipped to 89.992 versus a late Monday level of 90.207.
The pound GBPUSD, +0.00% exchanged hands at $1.5555, compared with $1.5518 on Monday.
Nymex reformulated gasoline blendstock for January RBF5, -0.56% — the benchmark gasoline contract — was fractionally higher to settle at $1.45 a gallon.
High-grade copper for March delivery HGH5, -0.07% rose 3 cents, or 1.1%, to settle at nearly $2.86 a pound. Copper futures recently fell to their lowest level since June 2010.
Silver for March delivery SIH5, -0.16% rose 50 cents, or 3.2%, to settle at $16.28 an ounce.
Platinum for April delivery PLJ5, -0.12% rallied $16.60, or 1.4%, to settle at $1,219.30 an ounce. Palladium for March delivery PAH5, +0.30% declined $7.80, or 1%, to settle at $804.20 an ounce.
