Weak results from IBM, United Technologies and other companies pulled U.S. stocks lower on Tuesday, giving the market its first broad decline in four days. Traders have been focusing on corporate earnings as concerns about Greece’s debt crisis and turmoil in Chinese stocks fade.
For the day:
The Dow Jones industrial average lost 181.12 points, or 1 per cent, to 17,919.29.
The Standard & Poor’s 500 index fell 9.07 points, or 0.4 per cent, to 2,119.21.
The Nasdaq composite shed 10.74 points, or 0.2 per cent, to 5,208.12.
For the week:
The Dow is down 167.16 points, or 0.9 per cent.
The S&P 500 index is down 7.43 points, or 0.4 per cent.
The Nasdaq is down 2.02 points, or 0.04 per cent.
For the year:
The Dow is up 96.22 points, or 0.5 per cent.
The S&P 500 index is up 60.31 points, or 2.9 per cent.
The Nasdaq is up 472.07 points, or 10 per cent.