The Dow Jones industrial average and the Standard & Poor’s 500 index edged lower on Tuesday as investors picked over another round of earnings reports from companies including electronics retailer Best Buy and Campbell Soup.
Best Buy slumped after it warned of a challenging holiday season ahead. Campbell Soup fell after reporting that its quarterly profit plunged 30 percent as sales of soup and its V8 beverages fell.
The Dow dropped 8.99 points, or 0.1 percent, to close at 15,967.03.
The S&P 500 index fell 3.66 points, or 0.2 percent, to 1,787.87.
The Nasdaq composite declined 17.51 points, or 0.4 percent, to 3,931.55.
For the week:
The Dow rose 5.33 points, or 0.03 percent.
The S&P 500 index fell 10.31 points, or 0.6 percent.
The Nasdaq composite declined 54.42 points, or 1.4 percent.
For the year:
The Dow is up 2,862.89 points, or 21.9 percent.
The S&P 500 is up 361.68 points, or 25.4 percent.
The Nasdaq is up 912.04 points, or 30.2 percent.