US stocks fell on Tuesday as investors anticipated mixed earnings, while Treasury yields rose.
Investors are anxiously awaiting results from tech heavyweight Google’s parent company Alphabet today.
As of 9:35 a.m. Eastern time, the Dow Jones Industrial Average was down 0.4 percent, the S&P 500 was 0.3 percent lower, and the Nasdaq Composite was 0.2 percent lower.
ford motor The stock fell 10 percent after the automaker said an underlying measure of profit for the full year would likely come in at the lower end of its forecast range.
JetBlue Airways shares fell 12.7 percent despite better-than-expected quarterly results.
DR Horton stock fell 12.5 percent after the homebuilder reported weak profit and revenue in the third quarter.
Shares of burger chain McDonald’s rose 1.5 percent after its profit and revenue beat analysts’ forecasts.
Trump Media & Technology Group stock rose 13.6 percent to $53.80.
In the bond market, the 10-year yield rose to 4.32 per cent from 4.28 per cent late Monday.
bullion
gold prices Prices were at an all-time high on Tuesday due to uncertainty over the US election and expectations of an interest rate cut by the Federal Reserve in November.
Spot gold rose 0.3 percent at $2,750.87 an ounce at 1114 GMT. US gold futures rose 0.3 percent to $2,763.40.
Spot silver rose 1.3 percent to $34.13 an ounce.
crude oil
oil prices It rose more than 1 percent on Tuesday as the US plans to buy oil for its strategic petroleum reserve.
Brent crude futures were up 94 cents, or 1.32 percent, at $72.36 a barrel at 1237 GMT, while U.S. West Texas Intermediate crude was up 98 cents, or 1.45 percent, at $68.36 a barrel.
