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U.S. stocks edge lower as earnings season kicks off, J&J pauses coronavirus vaccine trial

October 13, 2020

U.S. stocks traded slightly lower early Tuesday as investors parsed earnings from some of the biggest financial institutions, to start the third-quarter reporting season.

Wall Street participants also were watching a number of corporate events, including the start of Amazon’s two-day Prime Day sales event and Apple’s rollout of its latest iPhone lineup.

How are stock benchmarks performing?

The Dow Jones Industrial Average DJIA, -0.47% fell 38.18 points, or 0.1%, to 28,799.34, while the S&P 500 SPX, -0.50% was down 6.10 points, or 0.2%, at 3,528.12. The Nasdaq Composite COMP, -0.35% was off 34.64 points, or 0.3%, at 11,841.62.

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