NEW YORK, June 27 (Xinhua) -- U.S. stocks traded mixed on Tuesday as investors digested economic data as well as an antitrust case against Google.
At midday, the Dow Jones Industrial Average was up 19.42 points, or 0.09 percent, to 21,428.97. The S&P 500 lost 0.47 points, or 0.02 percent, to 2,438.60. The Nasdaq Composite Index decreased 17.97 points, or 0.29 percent, to 6,229.18.
The European Commission Tuesday fined Google 2.42 billion euros (2.7 billion U.S. dollars) for abusing its dominance as a search engine by giving illegal advantage to its own comparison shopping service. The amount is the regulator's largest penalty to date against a company accused of distorting the market.
The EU said the company must now end the conduct within 90 days or face penalty payments of up to five percent of the average daily worldwide turnover of Alphabet, Google's parent company.
On the economic front, the Conference Board Consumer Confidence Index came in at 118.9 in June, up from 117.6 in May, exceeding economists' expectations.
The Present Situation Index increased from 140.6 to 146.3, while the Expectations Index declined from 102.3 last month to 100.6.
Meanwhile, investors also awaited speeches from Fed officials as they were looking for hints of U.S. economic performance.
Fed Chair Janet Yellen, Philadelphia Fed President Patrick Harker, and Minneapolis Fed President Neel Kashkari were all scheduled to speak later on Tuesday. Enditem
