The Dow Jones industrial average rose 47 points in Tuesday trading to close at 16,049.

The S&P 500 rose two points to 1,884.

The Nasdaq fell 27 points to 4,517.

The LABJ Stock Index rose one point to 212.

Gainers and Losers

Qualstar Corp. was one of Tuesday’s biggest local gainers among stocks trading above $1. Shares rose 8 percent on the day, closing at $1.24.

Tuesday’s biggest loser was Ritter Pharmaceuticals Inc., a developer of drugs to treat lactose intolerance. Shares fell 17 percent on the day, closing at $2.08.