The Dow on Tuesday edged to a new record as markets essentially moved sideways with low trading volumes.

NEW YORK: The Dow on Tuesday edged to a new record as markets essentially moved sideways with low trading volumes.

The Dow Jones Industrial Average added 2.82 (0.02 per cent) at 16,945.92.

The broad-based S&P 500 slipped a scant 0.48 of a point (0.02 per cent) to 1,950.79, while the tech-rich Nasdaq Composite Index advanced 1.75 (0.04 per cent) to 4,338.00.

Analysts said Tuesday's trade amounted to a pause from the recent rally, with little fresh economic data on offer.

"It was an unremarkable day when we were catalyst-light," said Art Hogan, chief market strategist at Wunderlich Securities.