US Stocks Mixed as Investors Digest Large-Cap Earnings; Headline Consumer Confidence Print Masks Underlying Divergence

Tuesday, January 26, 2021 12:19 PM | MT Newswires

US stocks were mixed in choppy trade as large-cap earnings rolled in and the consumer confidence data for January reflected the tug of war between current and near term outlook.

The Dow Jones Industrial Average fell by 1 point to 30,959.48. S&P 500 was lower by 0.12% to 3,850.59, and the Nasdaq was up 0.1% to 13,641.20. While the energy sector was the steepest decliner with utilities, real estate led the gainers after midday on Tuesday.

The West Texas Intermediate futures fell by 0.5% to $52.50 and the dollar slid by 0.2% against a basket of currencies to 90.22.

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