U.S. stocks traded mixed midway through trading, with the S&P 500 and the Nasdaq Composite moving lower on Tuesday.

The Dow traded up 0.12% to 32,797.11 while the NASDAQ fell 0.23% to 10,521.67. The S&P 500 also fell, dropping, 0.05% to 3,815.93.

Also check this: CNN Fear & Greed Index Moves To 'Fear' Zone Amid Recession Concerns

Leading and Lagging Sectors

In trading on Tuesday, consumer discretionary shares tumbled by 1.1%.

Top Headline

Housing starts in the US fell 0.5% to an annualized rate of 1.427 million in November, while building permits dipped 11.2 percent from a month ago to an annual rate of 1.342 million in November.

Equities Trading UP

Equities Trading DOWN

Also check out: Wall Street Drops for Fourth Straight Session, Volatility In Markets Eases Further

Commodities

In commodity news, oil traded up 0.7% to $75.69 while gold traded up 1.5% at $1,825.30.

Silver traded up 4.5% to $24.24 on Tuesday while copper rose 0.6% to $3.8070.

Euro zone

European shares were mixed today. The eurozone’s STOXX 600 fell 0.15%, London’s FTSE 100 rose 0.3% while Spain’s IBEX 35 Index rose 0.96%. The German DAX fell 0.31%, French CAC 40 fell 0.18% and Italy’s FTSE MIB Index gained 0.23%.

The Eurozone recorded a current account deficit of EUR 4.4 billion in October versus a year-ago surplus of EUR 6.51 billion. Italy’s current account surplus shrank to EUR 710 million in October from EUR 3,024 million in the year-ago month.

The annual producer inflation in Germany declined to 28.2% in November from 34.5% in the previous month.

Asia Pacific Markets

Asian markets closed lower on Tuesday, with the Japan’s Nikkei dropping 2.46% and Hong Kong’s Hang Seng Index declining 1.33%. China’s Shanghai Composite Index fell 1.07%.

The annual inflation rate in Hong Kong came in at 1.8% in November, the same as in the earlier month. The Bank of Japan kept its key short-term interest rate unchanged at -0.1%.

Economics

Housing starts in the US fell 0.5% to an annualized rate of 1.427 million in November, while building permits dipped 11.2 percent from a month ago to an annual rate of 1.342 million in November.

Check out this: $7.5 Million Bet On This Financial Services Stock? Check Out These 3 Stocks Insiders Are Buying

COVID-19 Update

The U.S. has the highest number of coronavirus cases and deaths in the world, reporting a total of 101,825,070 cases with around 1,113,300 deaths. India confirmed a total of at least 44,677,340 cases and 530,670 deaths, while France reported over 38,899,900 COVID-19 cases with 160,610 deaths. In total, there were at least 658,535,310 cases of COVID-19 worldwide with more than 6,674,360 deaths.