U.S. stocks lower as day’s gains fizzle

April 7, 2015 8:50 PM

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U.S. stocks lower as day’s gains fizzle

NEW YORK (MarketWatch) — U.S. stocks closed slightly lower Tuesday, as an effort to build on Monday’s strong gains ran out of steam.

No top-tier economic reports came out, but mergers-and-acquisitions news helped to limit losses, with FedEx Corp. FDX, +2.69% among the S&P 500’s biggest advancers after the shipping giant said it would buy Dutch logistics company TNT Express.

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