S&P 500 AND NASDAQ MUTED AS MIXED EARNINGS WEIGH ON RISK APPETITE

The benchmark S&P 500 and the Nasdaq were flat on Tuesday as a mixed bag of earnings from industry bellwethers threatened to douse a recent rally, while the Dow treaded water on the back of losses in 3M. 3M tumbled 9.5% after forecasting dour annual earnings as the company grapples with weak demand, while General Electric dropped 2.1% after the engine maker's bleak quarterly profit forecast.

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