Traders work on the floor of the New York Stock Exchange (NYSE) on October 20, 2023 in New York City.
Traders work on the floor of the New York Stock Exchange (NYSE) on October 20, 2023 in New York City.
  • US stocks traded mixed on Tuesday as investors continue to digest a wave of third-quarter earnings.
  • More than half of the S&P 500 has reported results with 78% of those companies beating profit estimates.
  • The Federal Reserve's policy meeting starts today with an interest rate decision set for Wednesday.

US stocks traded mixed on Tuesday as investors continue to digest a wave of third-quarter earnings results.

More than half of the S&P 500 has reported, and about 78% of those companies beat profit estimates by a median of 6%, while 62% beat revenue estimates by a median of 2%, according to data from Fundstrat.