Stocks opened lower Tuesday as Wall Street sifted through the latest round of corporate earnings reports. Data showing cooling in the labor market also weighed on sentiment. However, the main benchmarks quickly came off their session lows, with two of the three climbing into positive territory by the close.
Starting with the earnings calendar, McDonald's (MCD, -0.6%) made headlines after the fast-food giant beat top- and bottom-line expectations for its third quarter, thanks in part to positive comparable-store sales in the United States.
