REUTERS: The S&P 500 and Dow fell on Tuesday, dragged down by a string of earnings disappointments and doubts about a coronavirus stimulus package before Election Day, although Nasdaq rose ahead of results from mega-cap technology companies.
Sectors sensitive to economic growth took a hit. The S&P 500 banks index and the S&P energy sector shed about 1per cent each. At 10:53 a.m. ET, the Dow Jones Industrial Average fell 78.40 points, or 0.28per cent to 27,606.98, the S&P 500 lost 1.09 points, or 0.03per cent to 3,399.88 and the Nasdaq Composite gained 63.73 points, or 0.56per cent to 11,422.67.
"A focus on big technology companies may move this market to rally despite the problems the virus is creating."
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