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Closing Bell: Nasdaq Hits Record Close, Dow Retreats from 20,000 Milestone

Stocks closed higher Tuesday as the Dow's climb to 20,000 stalls, but the Nasdaq closed with a record high. Consumer confidence increases and housing prices show positive signs.

Positive housing and consumer confidence data along with higher oil prices helped propel stocks higher on Tuesday, as the Nasdaq hit a record close. But the Dow Jones Industrial Average's climb toward 20,000 stalled. Crude oil ended the day higher benefiting from an agreement by the Organization of Petroleum Exporting Countries to decrease global oil supplies. Endologix undefinedshares fell over 25% when the aortic disorder-treatment developer said that it would temporarily suspend shipments of AFX, one of its best-selling devices, to investigate a manufacturing issue with certain sizes. Finally, Amazon (AMZN) - Get Free Report shares rose as investors evaluated the retail giant's performance during the Christmas sales season. During the holidays, the company said it shipped more than 1 billion products and the season marked its best year for Amazon devices such as the Echo Dot.