US Stocks End Mixed amid Earning Reports

New York, US stocks closed mixed Tuesday as investors digested a batch of generally negative quarterly results from notable companies.

The Dow Jones Industrial Average fell 107.04 points, or 0.54%, to 19,864.09.

The S&P 500 dipped 2.03 points, or 0.09%, to 2,278.87.

The Nasdaq Composite Index edged up 1.07 points, or 0.02%, to 5,614.79.

On the economic front, the Conference Board Consumer Confidence Index came in at 111.8, down from 113.3 in December and missing market expectations of 122.2.

The Federal Reserve was also in the spotlight, which kicks off its two-day policy meeting Tuesday. Analysts widely hold that the Fed won’t hike rates at this meeting, but it will still be watched closely for more clues on the timing a next rate increase.

Source: Qatar News Agency

New York, US stocks closed mixed Tuesday as investors digested a batch of generally negative quarterly results from notable companies.

The Dow Jones Industrial Average fell 107.04 points, or 0.54%, to 19,864.09.

The S&P 500 dipped 2.03 points, or 0.09%, to 2,278.87.

The Nasdaq Composite Index edged up 1.07 points, or 0.02%, to 5,614.79.

On the economic front, the Conference Board Consumer Confidence Index came in at 111.8, down from 113.3 in December and missing market expectations of 122.2.

The Federal Reserve was also in the spotlight, which kicks off its two-day policy meeting Tuesday. Analysts widely hold that the Fed won’t hike rates at this meeting, but it will still be watched closely for more clues on the timing a next rate increase.

Source: Qatar News Agency