US close: Stocks mixed ahead of tomorrow's CPI reading

Major indices turned in a mixed performance on Tuesday as the Dow Jones gave up early gains to end the session in the red ahead of some key inflation data scheduled for release tomorrow.

At the close, the Dow Jones Industrial Average was down 0.26% at 32,160.74, while the S&P 500 was 0.25% firmer at 4,001.05 and the Nasdaq Composite saw out the session 0.98% stronger at 11,737.67.

The Dow closed 84.96 points higher on Tuesday, extending losses recorded in the previous session.

Tuesday's moves came as the yield on the benchmark 10-year Treasury note eased off from multiyear highs to trade at roughly 3.082% at the close of trading.

Big-name tech stocks drove the Nasdaq's gains on Tuesday, with the likes of Microsoft, Intel, Salesforce, and Apple all trading higher.

In terms of earnings, Warner Music Group topped expectations with its quarterly revenue growth, while Peloton slumped after posting a huge loss and offering some weak guidance.

On the macro front, the National Federation of Independent Business' small business optimism index was unchanged month-on-month in April at 93.2 as it still hovered at levels not seen in two years.

Reporting by Iain Gilbert at Sharecast.com

Dow Jones - Risers

Intel Corp. (INTC) $44.01 2.18%
Salesforce.Com Inc. (CRM) $167.15 2.17%
Microsoft Corp. (MSFT) $269.50 1.86%
Apple Inc. (AAPL) $154.51 1.61%
Cisco Systems Inc. (CSCO) $49.55 1.21%
Chevron Corp. (CVX) $160.78 0.96%
Walt Disney Co. (DIS) $107.68 0.65%
Travelers Company Inc. (TRV) $172.99 0.62%
Amgen Inc. (AMGN) $240.71 0.61%
American Express Co. (AXP) $161.83 0.50%

Dow Jones - Fallers

International Business Machines Corporation (CDI) (IBM) $129.13 -3.95%
JP Morgan Chase & Co. (JPM) $118.89 -2.44%
3M Co. (MMM) $149.12 -2.14%
Home Depot Inc. (HD) $291.16 -1.98%
Caterpillar Inc. (CAT) $202.99 -1.60%
Nike Inc. (NKE) $109.49 -1.55%
Walmart Inc. (WMT) $149.18 -1.41%
Goldman Sachs Group Inc. (GS) $305.06 -1.24%
Walgreens Boots Alliance, Inc. (WBA) $43.31 -1.23%
Dow Chemical Co. (DOW) $65.81 -1.23%

S&P 500 - Risers

Fortinet Inc. (FTNT) $261.79 6.76%
TripAdvisor Inc. (TRIP) $22.62 6.65%
Sysco Corp. (SYY) $86.05 6.13%
Microchip Technology Inc. (MCHP) $68.25 6.13%
International Flavors & Fragrances Inc. (IFF) $125.50 5.03%
Incyte Corp. (INCY) $76.14 4.80%
Nektar Therapeutics (NKTR) $3.87 4.31%
Adobe Systems Inc. (ADBE) $393.03 4.28%
Biogen Inc (BIIB) $195.00 3.98%
Duke Realty Corp. (DRE) $49.58 3.92%

S&P 500 - Fallers

Brighthouse Financial, Inc. (BHF) $47.24 -7.57%
DENTSPLY Sirona Inc. (XRAY) $36.38 -7.31%
Altria Group Inc. (MO) $51.57 -6.68%
Coty Inc. Class A (COTY) $6.31 -6.38%
Ventas Inc. (VTR) $52.60 -5.45%
Apartment Investment & Management Co. (AIV) $5.43 -5.40%
ProLogis (PLD) $125.41 -5.26%
Digital Realty Trust (DLR) $126.60 -5.08%
TJX Companies Inc. (TJX) $56.20 -4.97%
Eaton Corporation plc (ETN) $140.98 -4.72%

Nasdaq 100 - Risers

Biomarin Pharmaceutical Inc. (BMRN) $79.43 6.45%
Microchip Technology Inc. (MCHP) $68.25 6.13%
Incyte Corp. (INCY) $76.14 4.80%
Adobe Systems Inc. (ADBE) $393.03 4.28%
Workday, Inc. (WDAY) $183.67 4.23%
NetEase Inc. Ads (NTES) $88.00 4.12%
Biogen Inc (BIIB) $195.00 3.98%
Nvidia Corp. (NVDA) $175.95 3.81%
Expedia Group Inc. (EXPE) $132.34 3.56%
Broadcom Inc. (AVGO) $581.39 3.28%

Nasdaq 100 - Fallers

DENTSPLY Sirona Inc. (XRAY) $36.38 -7.31%
Ross Stores Inc. (ROST) $89.62 -4.06%
Align Technology Inc. (ALGN) $258.13 -4.03%
CSX Corp. (CSX) $32.78 -2.50%
Take-Two Interactive Software Inc. (TTWO) $103.59 -2.41%
Cognizant Technology Solutions Corp. (CTSH) $74.44 -2.40%
Fastenal Co. (FAST) $51.90 -2.26%
Dollar Tree Inc (DLTR) $157.89 -2.25%
Starbucks Corp. (SBUX) $71.86 -2.22%
PACCAR Inc. (PCAR) $83.75 -1.87%