U.S. stocks remain relatively unchanged, as Greek debt concerns weigh

Investing.com - Investing.com -- U.S. stocks were mixed on Tuesday, as concerns of a Greek default remained high and traders continued to unload government bonds at an elevated level.
A late sell-off pared earlier gains on the Dow Jones Industrial Average and NASDAQ Composite index, turning both negative while the S&P 500 Composite inched forward on Tuesday to halt an extended slump. The Dow Jones Industrial Average lost 2.51 points or 0.01% to close at 17,764.04, falling for the fourth time in five session. The NASDAQ, meanwhile, continued its move away from near-record territory, losing 7.76 or 0.15% to 5,013.87.
The S&P 500 gained 0.87 or 0.84% to 2,080.15, even as seven of 10 sectors closed in the red. Stocks in the Telecommunications, Technology and Utilities sectors lagged, while stocks in the Consumer Services and Financial industries led.
The top performer on the Dow was Procter & Gamble Company (NYSE:PG), after Reuters reported that Henkel & Co. and Coty Inc. offered a combined $12 billion to acquire a variety of beauty segments the multinational consumer goods giant is offering for sale. Procter & Gamble gained 1.29 or 1.66% to close at 79.00. The worst performer was Walt Disney Company (NYSE:DIS), which lost 0.91 or 0.83% to 108.38. Disney still remains significantly above $103, a key support level according to analysts.
The biggest gainer on the NASDAQ was Netflix Inc (NASDAQ:NFLX), as the provider of online streaming media reached an all-time intraday high as its shareholders convened for a highly-anticipated meeting in California. Netflix gained 19.28 or 3.07% to close at 646.51 after reaching an all-time high of $648 earlier in the session. Recently, Netflix has bolstered its shares by inking Brad Pitt to an exclusive movie deal and expanding further into Southern Europe. With a market cap of $40 billion, Netflix now has a higher market capitalization than that of Yahoo (NASDAQ:YHOO), CBS and Twitter (NYSE:TWTR). The worst performer on the NASDAQ was Micron Technology Inc (NASDAQ:MU), which fell 0.75 or 2.89% to 25.17.
The top performer on the S&P 500 was Eli Lilly and Company (NYSE:LLY), which rose 3.48 or 4.43% to 82.00 after the pharmaceutical company presented encouraging data with its new line of Diabetes drugs. The worst performer was Newmont Mining Corporation (NYSE:NEM) which dropped 1.39 or 5.38% to 24.45, after acquiring the Cripple Creek & Victor gold mine from rival AngloGold Ashanti Ltd. for $820 million in cash. The mine is the largest in the state of Colorado.
Newmont Mining finished just below Southwest Airlines Company (NYSE:LUV), which lost 1.47 or 4.07% to 34.64, as airlines stocks fell for the second straight day.
One day after launching its much-hyped live music streaming service, Apple Inc (NASDAQ:AAPL) fell 0.27 or 0.21% to 127.53.