Stock Market Today: The major indexes closed mixed on Tuesday after choppy action. The Dow hit a new record.

A quiet finish for U.S. stocks masked big swings underneath the surface. The S&P 500 rose 0.1% Tuesday after swinging between a gain of 0.5% and a loss of nearly 1%.

The tech-heavy Nasdaq, benchmark S&P 500, and blue-chip Dow Jones Industrial Average pulled back 2%, 1.6%, and 1.3%, respectively, with the Dow shedding 670 points. It was the Dow's second straight decline following a three-session winning streak that brought daily intraday and closing records.

Stock Market Today: The Dow Jones index rebounded Friday and hit a milestone. Small caps led the rally with 3.6% gain.