01:02 PM EDT, 09/23/2025 (MT Newswires) -- US benchmark stock indexes were mixed in midday trading on Tuesday, with the Dow Jones Industrial Average adding to the previous session's record high as investors assessed Federal Reserve Chair Jerome Powell's speech in Rhode Island.

The Dow was up 0.2% to 46,460.5, after hitting a new intraday high of 46,714.3 earlier in the session. The S&P 500 slipped 0.1% to 6,684.7, but logged a fresh intraday peak of 6,699.5 earlier in the session. The Nasdaq Composite was down 0.3% to 22,719.2.

Energy led the gainers, while consumer discretionary and technology were the steepest decliners intraday.

In his speech at the Greater Providence Chamber of Commerce 2025 Economic Outlook Luncheon, Powell reiterated the current "modestly restrictive" policy stance, saying "it leaves us well positioned to respond to potential economic developments."

In economic news, the US Q2 current account deficit narrowed to $251.31 billion from $439.82 billion in the prior quarter, compared with expectations for a $256.6 billion deficit from a survey compiled by Bloomberg.

The September flash reading of manufacturing conditions from S&P Global dropped to a two-month low of 52.0 from 53.0 in August, compared with an expected reading of 52.2 as per a Bloomberg survey.

The index for services conditions declined to a three-month low reading of 53.9 in September from 54.5 in August, compared with expectations for a smaller decrease to 54.0.

In company news, Kenvue ( KVUE ) shares rose 3.9% after medical experts disputed US President Donald Trump's warning over Tylenol's potential links to autism when used during pregnancy.

Boeing ( BA ) shares were up 2.2% in recent Tuesday trading after Trump said late Monday on Truth Social that the company has signed an $8 billion deal to provide Uzbekistan Airways with 22 787 Dreamliners.

The US 10-year Treasury yield fell one basis point to 4.14%. The two-year rate fell less than one basis point to 3.59%.

The ICE US Dollar Index was down 0.1% to 97.30.

West Texas Intermediate crude oil rose 2% to $63.50 per barrel.

Gold was up 0.6% to $3,797.80 an ounce, and silver rose 0.4% to $44.40 per ounce.