REUTERS: Wall Street's main indexes on Tuesday pulled away from all-time highs set in the previous session, following a slump in the shares of Google-parent Alphabet after weak quarterly results.
Apple Inc dropped 2per cent ahead of results later in the day, which will wrap up earnings for the high-growth FAANG stocks. With earnings in full swing, analysts expect profits at S&P 500 companies to drop 0.2per cent in the first quarter, a sharp improvement from a 2per cent fall estimated at the beginning of the month, according to Refinitiv data.
At 10:02 a.m. ET the Dow Jones Industrial Average was down 26.82 points, or 0.10per cent, at 26,527.57, the S&P 500 was down 8.53 points, or 0.29per cent, at 2,934.50 and the Nasdaq Composite was down 54.86 points, or 0.67per cent, at 8,106.99.
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