U.S. stocks were mixed Tuesday as the major stock indexes looked to build on record highs in the final week of the year. 

The S&P 500 dipped 0.2% after reaching a new intraday high earlier in the session. The Dow Jones Industrial Average added about 90 points, or 0.2%. The Nasdaq Composite fell 0.7%. 

The move comes after stocks rallied in Monday’s regular session, with the S&P 500 closing at its 69th record high of the year. Markets continued to look to pandemic news for direction with the threat of the omicron variant looming large. 

European stocks rose Tuesday as holiday-thinned trade continues in the region. 

The pan-European Stoxx 600 index gained 0.6%. In Germany, the Dax climbed 0.9%, and France’s CAC 40 gained 0.6%. Markets in the U.K. and Ireland remained closed due to Christmas festivities. 

Source: CNBC, Investing.com