The Dow Jones Industrial Average rose 32.62 points, or 0.11 percent, to 28,939.67. The S&P 500 was down 4.98 points, or 0.15 percent, to 3,283.15. The Nasdaq Composite Index decreased 22.60 points, or 0.24 percent, to 9,251.33.
Seven of the 11 primary S&P 500 sectors turned negative at market closing, with technology down 0.6 percent, leading the laggards. Health care closed up 0.55 percent, becoming the best-performing group.
J.P. Morgan Chase shares rose 1.17 percent after the U.S. investment bank reported quarterly results that topped estimates. Citigroup also delivered better-than-anticipated earnings Tuesday, sending the stock up 1.56 percent.
Expectations for the corporate earnings season were relatively low. S&P 500 earnings are expected to have declined by 2 percent in the fourth quarter, according to FactSet.
Expectations for the corporate earnings season were relatively low. S&P 500 earnings are expected to have declined by 2 percent in the fourth quarter, according to FactSet.
On the data front, U.S. CPI rose 0.2 percent in December on a seasonally adjusted basis after rising 0.3 percent in November, the U.S. Bureau of Labor Statistics reported Tuesday. Economists polled by MarketWatch had forecast a 0.3-percent advance.
Meanwhile, the so-called core CPI which strips out food and energy edged up 0.1 percent in December, showed the report.
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