Stocks pulled back from record highs but finished off their lows Tuesday with the Dow down 85 points and the Nasdaq slipping under the 5,000 level. The selling in the equity market was tamed by a rally in oil prices. Crude futures settled up $0.93 cents at $50.52 a barrel. The lack of fresh economic data gave focus to weak auto sales. General Motors (GM), Ford (F) and Fiat Chrysler (FCAU) all missed February estimates. Shares of General Electric (GE) dropped despite the company refuting a Barclays analyst’s suggestion that GE’s CEO, Jeff Immelt is on the way out. Earnings helped Best Buy (BBY) and Dick’s Sporting Good (DKS) move higher in the session. But it was small cap, NutriSystem (NTRI) that was the big gainer. Shares shot up nearly 13% after the weight management company beat Q4 expectations.
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