Stocks opened higher Tuesday but lost steam as the session wore on amid weakness in several mega-cap stocks. It was a full day for economic and earnings reports, but most market participants looked ahead to tonight's quarterly results from Microsoft (MSFT, -0.9%), which kick off a busy stretch of Big Tech earnings, and tomorrow's policy announcement from the Fed.
Today's jam-packed economic calendar featured the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, which showed home prices were up 5.9% year-over-year in May – though this was slower than the 6.4% gain seen in April.
