Stocks Ended Lower as Earnings, data Weighed

U.S. stocks finished lower on Tuesday, as worries about a lackluster spate of earnings and a slip in a reading of consumer confidence weighed on market sentiment. The Dow Jones Industrial Average declined 53.76 points, or 0.30%, to 18,169.27. The S&P 500 lost 8.17 points, or 0.38%, to 2,143.16. The Nasdaq Composite gave up 26.43 points, or 0.50%, to 5,283.40.

The confidence of Americans in the U.S. economy fell in October to a three-month low. Consumer confidence drooped to 98.6 this month from 103.5 in September, a number that was revised lower, the privately run Conference Board said Tuesday. The decline was well below Wall Street expectations.

Pandora Media Inc. (P) reported its third-quarter loss narrowed to $61.5 million, or 27 cents a share, from a loss of $85.9 million, or 40 cents a share, a year earlier. Revenue rose 13% to $351.9 million.

Chipotle Mexican Grill, the burrito chain said net income fell to $7.8 million, or 27 cents a share, from earnings of $144.9 million, or $4.59 a share in the third quarter of last year. Revenue in the latest period tumbled 14.8 percent to $1.04 billion.

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