NEW YORK (AP) - Stocks are ending mixed after reports that the U.S. economy is weakening at a time when China and Europe are also slowing.
The Dow Jones industrial average closed down 55 points at 13,036 on Tuesday. The S&P 500 index fell two points to 1,405.
The Nasdaq index gained eight points at 3,079. The biggest stock in the Nasdaq, Apple, rose $10 after the company invited reporters to a news event next week at which it is expected to announce the long-awaited iPhone 5.
U.S. construction spending fell by the most in a year, while manufacturing contracted for a third straight month.
Trading was light with 3 billion shares changing hands on the New York Stock Exchange. For every three stocks that went up, two went down.
The Associated Press