You can now read 5 articles in a month for free on BostonGlobe.com. Read as much as you want anywhere and anytime for just 99¢.

Celtics Live

40

35

2nd Quarter 7:57

Snapshot

Stocks cool after data on housing disappoint

Continue reading below

Stocks meandered between small gains and losses, cooling off after a rally that had pushed the S&P 500 above 1,500 for the first time since 2007. Encouraging manufacturing news gave an early lift, but stocks slipped after a report on home sales. The US said before trading began that orders for long-lasting goods rose in December by 4.6%, but after trading began, the National Association of Realtors said its index of pending home sales fell in December, suggesting sales may slow. Hess was the S&P 500’s big gainer, adding 6.1% after it said it plans to sell its US terminal network, shutter its New Jersey refinery, and shift to exploration and production.

Loading comments...

Wake up with today's top stories.

Want each day's news headlines delivered fresh to your
inbox every morning? Just connect with us
in one of the following ways:
or
Please enter a valid email
BostonGlobe.com will never post anything without asking.
Privacy Policy
Subscriber Log In

You have reached the limit of 5 free articles in a month

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week
Marketing image of BostonGlobe.com
Marketing image of BostonGlobe.com