Stock Market Today: Dow Drops After Mixed Blue Chip Earnings

While the S&P 500 notched another record close Tuesday, the blue-chip average was pressured by 3M's disappointing outlook.

closeup of blue stock chart with red and green volume bars and a green moving average
(Image credit: Getty Images)

Stocks were choppy Tuesday as market participants took in a number of blue chip earnings reports and looked ahead to the release of key economic reports before the next Fed meeting at month's end. 

Both the S&P 500 (+0.3% at 4,864) and the Nasdaq Composite (+0.4% at 15,425) managed modest gains today, with the latter notching a third straight record close. However, the Dow Jones Industrial Average slipped 0.3% to 37,905.

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Karee Venema
Senior Investing Editor,

With over a decade of experience writing about the stock market, Karee Venema is the senior investing editor at She joined the publication in April 2021 after 10 years of working as an investing writer and columnist at Schaeffer's Investment Research. In her previous role, Karee focused primarily on options trading, as well as technical, fundamental and sentiment analysis.