Apple reports after the bell; health-care sector weighs on S&P 500
by Mark DeCambre and Victor Reklaitis
U.S. stocks were mostly lower, with the Dow and Nasdaq giving up early gains on Tuesday as investors await the outcome of a two-day meeting of Federal Reserve policy makers and as losses in health care weighed on the S&P 500.
Investors are awaiting earnings from the world’s largest company Apple Inc. after the close of trading, amid a flurry of corporate results Tuesday.
A batch of better-than-expected earnings from companies including DuPont Inc. DD, +2.56% supported an early advance, with DuPont leading gains for the blue-chip gauge. But the advance ran out of steam by midmorning.