US stocks were mixed at the close on Tuesday, as a key economic indicator showed improvement while investors digested a tranche of industrial earnings.
S&P Global's US purchasing manager indexes for January ticked higher, but remained in negative territory. Meanwhile, 3M missed earnings views, while revenue beat expectations. The company also announced layoffs on Tuesday. But General Electric and Lockheed Martin beat fourth-quarter estimates. The New York Stock Exchange experienced a hiccup during the session with dozens of stocks including AT&T, Morgan Stanley and Verizon halted due to a technical issue.
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Stock market news today: Industrial giants report mixed earningsUS stocks tick down as industrial heavyweights report mixed earnings
Source: BusinessInsider - 🏆 729. / 51 Read more »