DuPont, Under Armour Earnings Miss; Crude Oil Loses $56 Level

Benchmark indexes closed mixed Tuesday with the S&P 500 and Dow Jones Industrial Average pressured by a series of poor earnings, while the Nasdaq popped on deals news. Travelers Companies (TRV) was the worst performer on the Dow after first-quarter profit fell 21% on a drop in investment income. DuPont (DD) was also a drag after reporting a sharp decline in sales owing to the negative impact of a stronger dollar. Harley-Davidson (HOG) was the biggest loser on the S&P 500 after reporting a decline in the number of new motorcycles sold over the first quarter. Sports apparel brand Under Armour (UA) tumbled after reporting a 13% decline in quarterly profit.

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