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Earnings Trip Up Stocks

Stock quotes in this article: AA , AMD , MER , FMD , FNM , FRE , WM  

Updated from 4:10 p.m. EDT

Stocks in the U.S. finished in the red Tuesday as traders dealt with poor earnings forecasts just days before a flood of quarterly reports is set to roll in.

The Dow Jones Industrial Average was off its low for the day but still surrendered 35.91 points, or 0.3%, to 12,576.52. The S&P 500 shed 7.01 points, or 0.5%, to 1365.53, and the Nasdaq Composite was down 16.07 points, or 0.7%, to 2348.76.

"All things considered, we're holding up pretty amazingly," said Charles Rotblut, senior market analyst with Zacks Investment Research. "I think a lot of people are trying to trade on the assumption that the bad news is already reflected in the market." ...

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Dow Jones S&P 500 NASDAQ 10-Year Note
10,358.52 1,097.39 2,151.60 32.22
Oil *
77.17
DOWN
105.88
DOWN
13.24
DOWN
24.45
DOWN
0.57
10 Yr
3.22%
SPDR Gold
115.23
-1.01%
-1.19%
-1.12%
-1.74%
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