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- US stocks recovered some early losses to close mixed on Tuesday as a key indicator showed improvement.
- S&P Global's US purchasing manager indexes ticked higher, but remained in negative territory.
- Earnings season is also heating up, with industrial giants GE and 3M reporting early Tuesday while tech heavyweights are due later.
US stocks were mixed at the close on Tuesday, as a key economic indicator showed improvement while investors digested a tranche of industrial earnings.
S&P Global's US purchasing manager indexes for January ticked higher, but remained in negative territory.
Meanwhile, 3M missed earnings views, while revenue beat expectations. The company also announced layoffs on Tuesday. But General Electric and Lockheed Martin beat fourth-quarter estimates.