Nasdaq Edges Lower as Major Banks Report Earnings, Oil Prices Fall

U.S. stock markets were mixed on Tuesday, with the Nasdaq Composite slipping 0.31%, as investors digested a slew of earnings reports from major banks including JPMorgan, Goldman Sachs, Citigroup, and Wells Fargo. The Dow Jones Industrial Average gained 0.62%. Lower oil prices offered some relief, but the market remains focused on whether bank earnings can broaden the rally beyond technology and upcoming inflation data. Goldman Sachs saw a rise after beating profit estimates, while JPMorgan's shares edged up despite missing expectations.