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2023-01-25 10:32:22

S&P 500 Settles Slightly Lower, Market Volatility Decreases

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Benzinga
By Lisa Levin

The S&P 500 ended slightly lower on Tuesday following the release of mixed quarterly earnings.

A technical issue caused the New York Stock Exchange to halt trading in a swath of stocks on Tuesday morning.

Economic data released Tuesday showed the S&P Global services PMI rising to 46.6 in January from 44.7 in the previous month, while manufacturing PMI increased to 46.8 in January from 46.2.

Union Pacific Corporation UNP missed earnings estimates for the latest quarter on Tuesday, while Microsoft Corporation MSFT reported downbeat quarterly revenue after the closing bell.

Continue read on benzinga.com

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