Investing.com - U.S. stocks were mixed on Tuesday, ending a four-day rally as investors remained cautious ahead of a key vote by Slovakia's parliament on the enhancement of the euro zone bailout fund.
During early U.S. trade, the Dow Jones Industrial Average slipped 0.21%, the S&P 500 index fell 0.16%, while the Nasdaq Composite index posted a 0.49% increase.
Slovakia is the last of the euro zone's 17 members to vote on a deal to enhance the size and powers of the European Financial Stability Fund.
All of the euro zone states must ratify the EFSF expansion for it to become effective.
Dollar Thrifty Automotive Group saw shares slide 2.32%, on reports that the company will continue as a stand-alone firm after it failed to get a takeover proposal from Hertz Global. Shares in Hertz Global slipped 0.40% following the news.
Streaming media corporation Netflix plunged 6.21%, extending previous losses after it abandoned a plan on Monday to offer a separate service for DVDs under the Qwikster name.
Meanwhile, all eyes were on Alcoa, the biggest U.S. aluminum producer, which saw shares rise 0.20% as it kicked off third-quarter earnings season after the bell on Tuesday.
U.S. lenders were also in focus, ahead of third-quarter earnings due later in the week. Goldman Sachs saw shares tumble 1.51% and JP Morgan Chase plunged 2.35%, while shares in Bank of America and Citigroup fell 1.13% and 1.11% respectively.
On the upside, Research In Motion saw shares soar 4.00% after Jaguar Financial said holders of at least 8% of the Blackberry maker's stock should back its call for a sale or a corporate shake-up at the struggling firm.
Across the Atlantic, European stock markets were also mixed. The EURO STOXX 50 fell 0.41%, France’s CAC 40 dropped 0.59%, Germany's DAX eased up 0.11%, while Britain's FTSE 100 posted a 0.27% decline.
During the Asian trading session, Hong Kong's Hang Seng Index rallied 2.35%, while Japan’s Nikkei 225 Index jumped 1.95% after being closed was closed on Monday.
Also Tuesday, inspectors from the European Union, International Monetary Fund and European Central Bank said in a statement that Greece will receive it next tranche of financial aid after Eurogroup and IMF officials approve the results of their review, most likely in early November.
During early U.S. trade, the Dow Jones Industrial Average slipped 0.21%, the S&P 500 index fell 0.16%, while the Nasdaq Composite index posted a 0.49% increase.
Slovakia is the last of the euro zone's 17 members to vote on a deal to enhance the size and powers of the European Financial Stability Fund.
All of the euro zone states must ratify the EFSF expansion for it to become effective.
Dollar Thrifty Automotive Group saw shares slide 2.32%, on reports that the company will continue as a stand-alone firm after it failed to get a takeover proposal from Hertz Global. Shares in Hertz Global slipped 0.40% following the news.
Streaming media corporation Netflix plunged 6.21%, extending previous losses after it abandoned a plan on Monday to offer a separate service for DVDs under the Qwikster name.
Meanwhile, all eyes were on Alcoa, the biggest U.S. aluminum producer, which saw shares rise 0.20% as it kicked off third-quarter earnings season after the bell on Tuesday.
U.S. lenders were also in focus, ahead of third-quarter earnings due later in the week. Goldman Sachs saw shares tumble 1.51% and JP Morgan Chase plunged 2.35%, while shares in Bank of America and Citigroup fell 1.13% and 1.11% respectively.
On the upside, Research In Motion saw shares soar 4.00% after Jaguar Financial said holders of at least 8% of the Blackberry maker's stock should back its call for a sale or a corporate shake-up at the struggling firm.
Across the Atlantic, European stock markets were also mixed. The EURO STOXX 50 fell 0.41%, France’s CAC 40 dropped 0.59%, Germany's DAX eased up 0.11%, while Britain's FTSE 100 posted a 0.27% decline.
During the Asian trading session, Hong Kong's Hang Seng Index rallied 2.35%, while Japan’s Nikkei 225 Index jumped 1.95% after being closed was closed on Monday.
Also Tuesday, inspectors from the European Union, International Monetary Fund and European Central Bank said in a statement that Greece will receive it next tranche of financial aid after Eurogroup and IMF officials approve the results of their review, most likely in early November.