Stocks struggle for direction as investors weigh earnings

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Stocks were off to a mixed start Tuesday as investors weighed a raft of corporate earnings reports and kept an eye on rising Treasury yields.

The Dow Jones Industrial Average DJIA, +0.88% rose 100 points, or 0.3%, while the S&P 500 SPX, +0.80% edged up 0.1% and the Nasdaq Composite COMP, +0.79% shed 0.2%.

Treasury yields continued to march higher, with the 10-year yield TMUBMUSD10Y, 2.917% topping 2.9% for the first time since late 2018, while the yield on the 30-year Treasury bond TMUBMUSD30Y, 2.998% traded near 3%.

 

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