On the corporate front, shares of Urban Outfitters ( URBN) jumped after the Philadelphia-based specialty fashion apparel retailer posted above-consensus quarterly results following Monday's closing bell. The stock rose 18.2%.

Best Buy ( BBY) was back in the news on Tuesday. The stock closed off 1.4% in recent trades after the Minneapolis-based consumer electronics retailer, which named a new CEO on Monday, reported quarterly results that were well short of Wall Street's expectations and suspended its guidance.

Facebook's ( FB) stock dipped 4.3% in the wake of news that director Peter Thiel has unloaded most of his stake in the company following the expiration of restrictions on insider sales.

Dell ( DELL) reported second-quarter earnings per share of 50 cents, which beat Wall Street's consensus of 45 cents. Shares were losing 4.2% in extended trading after the company lowered guidance. Revenue came in at $14.48 billion, but analysts expected $14.64 billion. The stock dropped 1.8% during the regular session.

Nordson ( NDSN), the Westlake, Ohio-based manufacturing technology company, topped Wall Street's expectations for its fiscal third-quarter results and gave a strong revenue outlook for the fourth quarter. Shares popped 11%.

Shares of Church & Dwight ( CHD) rose 5.1% after the company agreed to buy privately held vitamins and supplements maker Avid Health for $650 million in cash.

October crude oil futures settled up $71 cents at $96.68 a barrel and December gold futures surged $19.90 to settle at $1,642.90 an ounce.

The benchmark 10-year Treasury was falling 2/32, raising the yield to 1.805%. The greenback was down 0.64%, according to the dollar index.

The Hong Kong Hang Seng index finished down 0.02% and the Nikkei in Japan closed down 0.16%.

--Written by Andrea Tse in New York.

>To contact the writer of this article, click here: Andrea Tse.

If you liked this article you might like

Forecast for S&P 500, Dow Industrials Remains Bullish, These Charts Show

Dow 20,000! It Should Mean Nothing to Investors, but Then Again...

Tradebird Investors Are Bullish on U.S. Stocks but Bearish on the Euro

Why Home Depot and Boeing Stock Fell Tuesday