The Dow Jones Industrial Average fell Tuesday as investors struggled to keep building on early 2023 momentum and weighed the latest earnings results.
The 30-stock index fell 152.13 points to begin a short week at 34,150.48.
The S&P 500 progressed 14.77 points to 4,013.87.
The NASDAQ Composite Index gathered 61.04 points to 11,140.20.
Year-to-date, the NASDAQ is leading the way up 5.9%, as investors bought beat-up technology shares amid rising hopes of an improving landscape for growth stocks. The S&P 500 has taken on 4.2%, and Dow has advanced 3.5%, since the start of the year.
Markets were shuttered Monday for Martin Luther King Day.
Goldman Sachs reported a smaller-than-expected profit for the fourth quarter, sending the stock down more than 3%. The bank's results were pressured by declines in investment banking and asset management revenues. Meanwhile, rival Morgan Stanley posted better-than-expected numbers thanks in part to record wealth management revenue. Its shares jumped 6%.
Those results came after other major banks such as JPMorgan and Citigroup reported mixed quarterly results.
About 7% of S&P 500 earnings have reported earnings through Tuesday, according to FactSet. Of those companies 70% have beaten expectations. United Airlines will report its quarterly results after the bell.
Prices for the 10-year Treasury were flat, keeping yields at Friday's 3.51%.
Oil prices gained 94 cents to $80.80 U.S. a barrel.
Gold prices dipped $3.90 to $1,917.80 U.S. an ounce.