U.S. Equities Mixed as Dow Ends Lower After S&P 500 Pares Lossesby
U.S. stocks were mixed, with the Dow Jones Industrial Average lower as companies in the Nasdaq Composite Index ended little changed.
The S&P 500 Index fell less than 0.1 percent to 2,278.87 at 4 p.m. in New York. The Dow lost 107 points to 19,864. Stocks fell on Monday as Trump’s executive order halting some immigration stoked concern that potentially isolationist policies may overshadow a pro-growth agenda. Four days straight without gains in the S&P 500 marks the longest dry spell since Nov. 4.
- Industrial stocks led market lower with a 0.9% decline, followed by financials, tech, materials -- some of the biggest winners after the election
- Utilities, real estate and health care at front of pack with gains of at least 0.7%
- The S&P 500 has lost 0.8% over the past four days; up 1.8% in January for a third consecutive monthly advance
- VIX up 0.9% after adding 12% Monday -- down 15% in the month
- Exxon Mobil Corp., Pfizer Inc. and Apple are among more than 30 companies reporting on Tuesday
- About a third of S&P 500 members have released quarterly figures so far this season, of which about three-quarters beat profit estimates and half topped sales forecasts, according to data compiled by Bloomberg
- After-market Tuesday: Boston Properties (BXP), Electronic Arts Inc (EA), Fortune Brands Home & Security (FBHS), United States Steel (X), Illumina (ILMN), CH Robinson Worldwide (CHRW), Aflac (AFL), Arconic (ARNC), Oclaro (OCLR), Advanced Micro Devices (AMD), Anadarko Petroleum (APC), Equity Residential (EQR), Apple (AAPL)
- Pre-market Wednesday: Automatic Data Processing (ADP), Anthem (ANTM), Dominion Resources (D), Ingersoll-Rand (IR), Avery Dennison (AVY), Johnson Controls International (JCI), International Paper (IP), Pitney Bowes (PBI), Altria Group (MO), WEC Energy Group (WEC)
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