Stocks fell Tuesday as investors struggled to build on a strong start to the week during a busy stretch of corporate earnings.
The Dow Jones Industrials sank 29.75 points to 33,599.81.
The S&P 500 dipped 12.66 points to 4,007.81.
The NASDAQ Composite fell 33.16 points to 11,331.26.
Earnings season continued Tuesday with results from 3M and Verizon. Both stocks fell on disappointing guidance. Software giant Microsoft reports after the bell.
Shares of many companies listed on the New York Stock Exchange were halted briefly after the market open due to a technical issue. Affected stocks included Nike, McDonald’s and Morgan Stanley. The NYSE said the problem has been resolved.
Prices for the 10-year Treasury gained some ground, lowering yields to 3.48% from Monday’s 3.53%. Treasury prices and yields move in opposite directions.
Oil prices deleted $1.22 to $80.40 U.S. a barrel.
Gold prices gained $3.20 to $1,931.80 U.S. an ounce.
