U.S. stocks started Tuesday’s session on the back foot after retreating from fresh records Monday, even as quarterly corporate results continued to come in strong. The Dow Jones Industrial Average
DJIA,
-0.40%
dipped 120 points, 0.4%, to open near 33,597, while the S&P 500
SPX,
-0.24%
lost 11 points, 0.3%, and started trading near 4,153. The Nasdaq Composite
COMP,
-0.20%
shed 11 points,0.1%, and traded near 13,904. Stock-market bellwethers like International Business Machines Corp.
IBM,
+4.16%
and Johnson & Johnson
JNJ,
+1.31%
both beat analyst expectations. IBM shares were nearly 3% higher after the bell, while Johnson & Johnson share dipped.
