Markets Post Small Gains, Chrysler Recalls More than 180,000 Vehicles
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tarabird/iStockphoto/Thinkstock(NEW YORK) — Tuesday was a positive day on Wall Street, as two of the three major indices posted gains, albeit small ones, after three consecutive days of trading losses.
The Dow Jones Industrial Average slipped 5.88 points to a close of 16,315.19, after dropping triple digits on Monday.
The NASDAQ climbed 13.51, ending the day at 4,227.17, while the S&P 500 gained 2.96, climbing back towards the 1,900 mark, but finishing at 1,877.70.
Chrysler is recalling over 180,000 vehicles worldwide after the company discovered a problem involving the Occupant Restraint System, which could cause electrical short-circuits that may signal to a driver that their airbags are disabled.
The Bureau of Labor Statistics released a report on Tuesday naming Washington, D.C. the most expensive place to live in, citing high costs of housing-related items. San Francisco, New York, San Diego and Baltimore were also among the most expensive cities to live in.
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