Wall Street’s major stock indexes closed mixed Tuesday, as more big companies delivered their financial results for the last three months of 2022 amid lingering concerns about a potential recession.
The S&P 500 slipped less than 0.1 percent, its second loss in three trading days. The Dow Jones Industrial Average rose 0.3 percent and the Nasdaq composite fell 0.3 percent. Small company stocks also lost ground, with the Russell 2000 shedding 0.3 percent
The decline for major indexes marked a reversal from Monday, when a tech company-driven rally more than made up for the S&P 500’s losses last week.
Stocks have been volatile as investors try to get a better sense of how inflation is affecting the economy, the potential for a recession and whether the Federal Reserve can ease up on its aggressive interest rate increases….
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