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The Economic Times
The Economic Times
Business

US stocks | US market edges lower amid chip weakness, mixed bank earnings

Stock Market United States S&P 500 Bumble Johnson & Johnson JPMorgan Chase Nasdaq Wells Fargo Kathleen Brooks Dow Jones Industrial Average

US stocks edged lower on Tuesday as renewed selling in chip stocks and mixed quarterly earnings from major banks kept investors cautious, Reuters reported.

The Dow Jones Industrial Average fell 91.08 points, or 0.18%, to 51,759.47. The S&P 500 lost 16.86 points, or 0.22%, to 7,790.38, while the Nasdaq Composite dropped 79.44 points, or 0.29%, to 27,166.47.

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