NEW YORK (AP) — Stocks were narrowly mixed in midday trading Tuesday after a rise in consumer confidence offset disappointing news on home prices and earnings.
The Dow Jones industrial average fell 3 points, while broader indexes were mixed. Stocks started the day lower after weak results from Texas Instruments Inc., U.S. Steel Corp. and Bristol-Myers Squibb Co. A better report about consumer confidence in October helped stocks pare their losses in midday trading.
"The consumer confidence numbers were encouraging," said Bernie McSherry, vice president of strategic initiatives at Cuttone and Co. It's a sign shoppers "may be reaching into their wallets heading into the holiday …
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