Investors were cautious during Tuesday’s session as ongoing debt-ceiling negotiations and quarterly earnings results weighed on sentiment. The Dow Jones Industrial Average, S&P 500 and Nasdaq Composite all closed lower, with Intuit, Urban Outfitters, Palo Alto Networks, Agilent Technologies, NVIDIA Corporation, American Eagle Outfitters, Snowflake Inc and Kohl’s Corp all releasing earnings results.
Looking ahead to Wednesday, investors will be keeping an eye on FOMC meeting minutes and a speech from Treasury Secretary Yellen, while earnings is set to continue with several companies scheduled to release results. U.S. 10-Year rates were at 3.698%.