Technology companies rally, offsetting a plunge in Walmart
U.S. stock indexes were mostly higher in midday trading Tuesday as investors sized up earnings from several big companies. Disappointing results sent Walmart into a steep slide, pulling down shares in other major retailers and cutting into gains from a rally in technology stocks. The market, which reopened for business after a long holiday weekend, is coming off a six-day winning streak.
KEEPING SCORE: The Standard & Poor's 500 index rose 3 points, or 0.1 percent, to 2,735 as of 12:09 p.m. Eastern Time. The Dow Jones industrial average slid 61 points, or 0.2 percent, to 25,157. The Nasdaq gained 52 points, or 0.7 percent, to 7,292. Slightly more stocks were rising than declining on the New York Stock Exchange.