US stocks gains peter out, leaving indexes near breakeven but still near record highs

NEW YORK, N.Y. – The U.S. stock market is ending the day pretty much it started, leaving indexes near record highs.

Investors were weighing an upward revision in U.S. economic growth Tuesday against a drop in consumer confidence.

Energy stocks fell 1.6 per cent after the price of oil resumed its slide ahead an OPEC meeting on Thursday. Many expect the group won’t be able to agree on production cuts.

The Standard & Poor’s 500 index fell two points to 2,067.

The Dow Jones industrial average fell three points to 17,814. The Nasdaq composite rose three points, less than 0.1 per cent, to 4,758.

Pall, a supplier of filtration technology, jumped 3.5 per cent after its earnings beat estimates.

Bond prices rose. The yield on the 10-year Treasury note fell to 2.26 per cent.