12:04 PM EST, 12/03/2024 (MT Newswires) -- US equity indexes and government bond yields were mixed in midday trading on Tuesday.

The S&P 500 fell 0.2% to 6,035.3, the Dow Jones Industrial Average declined 0.4% to 44,583.4, while the Nasdaq Composite rose less than 0.1% to 19,404.1. All three indexes were trading close to their recent record highs.

All sectors except for communication services, healthcare, and technology declined intraday.

In economic news Tuesday, Redbook US same-store sales jumped 7.4% from a year earlier in the week ended Nov. 30 after a 4.9% year-over-year increase in the previous week. Redbook noted brisk sales on Black Friday and the weekend.

US Treasury yields were mixed, with the 10-year up one basis point to 4.21%. The two-year rate fell 2.9 basis points to 4.17%.

In company news, Palantir Technologies ( PLTR ) said it received FedRAMP 'high authorization' for its cloud services, opening the door for more of its offerings to US government units. Palantir's ( PLTR ) shares were up more than 5% intraday.

Microchip Technology ( MCHP ) said late Monday it expects its fiscal Q3 revenue to be close to the low end of its previously outlined guidance range of $1.03 billion to $1.10 billion. Analysts polled by FactSet are looking for $1.06 billion. Shares dropped 4% intraday, among the worst on the S&P 500 and the Nasdaq.

Meanwhile, West Texas Intermediate crude oil futures jumped 2.8% to $70 a barrel.

Price: 69.99, Change: +3.60, Percent Change: +5.42