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Barchart
Rich Asplund

Stocks Settle Mixed on Strong Earnings and Weakness in Mining Stocks

The S&P 500 Index ($SPX) (SPY) on Tuesday closed unchanged, the Dow Jones Industrials Index ($DOWI) (DIA) closed up +0.47%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -0.06%.  December E-mini S&P futures (ESZ25) fell -0.05%, and December E-mini Nasdaq futures (NQZ25) fell -0.08%.

Stock indexes settled mixed on Tuesday, with the S&P 500 posting a one-week high and the Dow Jones Industrial Average reaching a new record high.  The broader market found support Tuesday on some positive corporate news.  General Motors closed up more than +14% after raising its full-year adjusted EPS estimate.  Also, 3M Co closed up more than +7% after raising its full-year adjusted EPS continuing operations estimate.  In addition, RTX Corp closed up more than +7% after raising its full-year adjusted sales estimate.  Finally, Coca-Cola closed up more than +4% after reporting better-than-expected Q3 comparable EPS.

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