Stocks Closed Lower after Mixed Earnings

U.S. stocks closed lower on Tuesday following mixed earnings reports and upbeat new housing data. The Dow Jones Industrial Average fell 33.84 points, or 0.19%, to 17,511.34. The S&P 500 declined 5.52 points, or 0.26%, to 2,096.92. The Nasdaq Composite dropped 32.35 points, or 0.64%, to 5.059.35.

Omeros Corp. (OMER) reported positive mid-stage study results of its drug to treat disorders characterized by excessive blood clots.

Target Corp. has reached a settlement with Visa over a massive data breach in 2013 that compromised the private data of millions of shoppers.

The Environmental Protection Agency unveiled plans Tuesday to slash methane emissions from oil and gas production almost in half, the latest in a series of administration regulations aimed at curbing global warming.

Copper futures finished at a more than six-year low Tuesday, as concerns over demand from China pushed much of the metals sector, including gold, lower.

About the Author

has written 15542 stories on this site.

Write a Comment

Gravatars are small images that can show your personality. You can get your gravatar for free today!

You must be logged in to post a comment.

Copyright © 2012 Nine Stocks