How major US stock indexes fared Tuesday, 1/23/2024

Wall Street held at its record high as earnings reporting season for big U.S. companies got going. The S&P 500 rose 0.3% Tuesday, notching another all-time high. The Dow Jones Industrial Average fell 0.3%, a day after topping 38,000 for the first time. The Nasdaq composite rose 0.4%. Big gains for Procter & Gamble and United Airlines following their latest profit reports helped to lift the market. But a sharp drop for 3M weighed on the Dow in particular. Johnson & Johnson also fell following its earnings report. Treasury yields were mixed, as were stock markets abroad.