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Here's what happened to the stock market on Tuesday

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The S&P 500 closed Tuesday little changed as the record-setting rally took a breather.

A trader works before the closing bell at the New York Stock Exchange on September 20, 2019 in New York City.gained 30.52 points, or 0.11%, to 27,492.63 on Tuesday. Therose 0.02% to 8,434.68 points. With three straight days of gains, the Dow and Nasdaq refreshed their records Tuesday.As the U.S. and China ponder on a new location for the signing of the so-called "phase one" trade deal, China is pushing for more rollbacks in tariffs.

While encouraging, the news wasn't enough to turn investors more bullish on a resolution between the world's two largest countries.Helping lift the market a bit Tuesday was strong U.S. service sector data. The ISM non-manufacturing index came in at 54.7 for October, topping Dow Jones analysts' estimate of 53.5. The reading provides a sign of relief after the gauge sank to a three-year low in September. The service sector, which accounts for more than two-thirds of U.S.

 

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