AP
Financial Markets Wall Street
Trader Robert Finnerty Jr., foreground, works with colleagues on the floor of the New York Stock Exchange, Monday, Jan. 12, 2026.
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Wall Street pulled back from its records following a mixed start to the latest profit reporting season for big U.S. companies. The S&P 500 fell 0.2% Tuesday from its all-time high. The Dow Jones Industrial Average dropped 398 points from its own record, while the Nasdaq composite slipped 0.1%. JPMorgan Chase was one of the heaviest weights on the market following its profit report. Treasury yields eased a bit after an update on inflation strengthened expectations that the Federal Reserve will cut its main interest rate at least twice in 2026 to shore up the job market.
