NEW YORK—Stocks are mostly lower in early trading on Wall Street Tuesday as a three-week rally that brought indexes to all-time highs loses momentum. Netflix and other companies reported disappointing results and the International Monetary Fund predicted a slowdown in the United Kingdom following its vote to leave the European Union.
KEEPING SCORE: The Standard & Poor’s 500 index was down 6 points, or 0.3 percent, to 2,161 at 10:15 a.m. Eastern time. The Dow Jones industrial average edged up 11 points, or 0.1 percent, to 18,545. The Nasdaq composite fell 18, or 0.3 percent, to 5,038.
THE RUN THAT WAS: The S&P 500 had surged just over 8 percent since June 27, when stocks hit a bottom following the United Kingdom’s vote. Fears have largely dissipated since then that Britain’s departure would destabilize the global economy, however questions still remain.
