Stocks ended mixed Tuesday as renewed coronavirus concerns outweighed the passage of long-awaited coronavirus fiscal stimulus. Fresh U.S. economic data as produced mixed results, which damaged risk sentiment heading into the year's end. The Nasdaq rose to a record closing high as investors piled back into tech stocks, which the Dow and the S&P 500 fell lower.

Congressional lawmakers late Monday evening passed an additional coronavirus stimulus package that offers funds to help support small businesses and individuals hurt most by the pandemic. The bill totals about $900 billion and it designed to be attached to a $1.4 trillion spending measure that funds the government through Sept. 30. President Donald Trump is set to sign both bills into law in the coming days.

Meanwhile, multiple economic reports were released due to the shortened trading week. The Bureau of Economic Analysis said that the U.S. economy grew at a faster than previously reported rate in the third quarter, grewing at a record 33.4%, versus the 33.1% annualized rate posted in earlier assessments.

Next, the National Association of Realtors' monthly report for November revealed that existing home sales fell at a more-than-expected rate for the month, slipping 2.5% to a seasonally adjusted annual rate of 6.69 million. In October, existing home sales rose 4.4% to an annual rate of 6.86 million.

Finally, the Commerce Department reported that consumer confidence declined in December amid increasing coronavirus cases, with the headline confidence index falling to 88.6 from November's downwardly revised print of 92.9. Consensus economists had expects the index to rise to 97.0 for the month.

Here's how the market settled on Tuesday:

S&P 500 Index (SPY  ): -0.21% or -7.67 points to 3,687.25

Dow Jones Industrial Average (DIA  ): -0.67% or -200.94 points to 30,015.51

Nasdaq Composite Index (QQQ  ): +0.51% or +65.40 points to 12,807.92

For Stocks, Apple (AAPL  ) shock up the EV and overall auto industry after the tech giant was reported to be planning to launch self-driving cars by 2024. Walmart (WMT  ) shares fell in afternoon trading after the U.S. Justice Department filed a lawsuit alleging that the retail giant's pharmacy practices helped fuel the U.S. opioid crisis. Peloton Interactive (PTON  ) shares soared and reached an all-time high after the fitness company announced it will buy equipment manufacturer Precor for $420 million; the deal is expected to help the company's disclosed supply chain issues.

For Sector Performance, only two sectors on the S&P rose on Tuesday as the broader market mostly fell during the session. Those sectors were Information Technology (XLK  ) and Real Estate (XLRE  ). Of those that closed in negative territory, Consumer Staples (XLP  ), Financials (XLF  ), Communication Services (XLC  ) and Energy (XLE  ) made up the bottom four, with the latter falling over 1%.

For Commodities and Currency, the U.S. Dollar (UUP  ) rose on Tuesday as growing coronavirus concerns surrounding the new viral strain circulating in England harmed risk sentiment despite the passage of additional U.S. stimulus. The dollar index, which tracks the greenback against other global currencies, rose 0.6% in midday trading to 90.675. Gold (GLD  ) prices slumped on the rising dollar, but losses were capped by the passage of a potentially inflation-inducing stimulus package. Spot gold slipped 0.7% to $1,862.55 per ounce, while U.S. gold futures settled 0.7% lower at $1,870.30 per ounce. Crude oil futures fell lower as increased travel restrictions and lockdowns in the U.K. harmed demand outlooks and recovery. International benchmark Brent Crude (BNO  ) declined 1.63% to $50.08 per barrel, while domestic benchmark West Texas Intermediate (USO  ) fell 2% lower to $47.02 each. Both benchmarks decreased over 2% on Monday.

For Wednesday, market participants will focus on a slew of fresh economic data ahead of the end of the shortened holiday week. Data on unemployment claims, personal income, consumer spending and consumer sentiment are scheduled to be released.