Market Snapshot: Dow books third straight day of gains, but Nasdaq and S&P 500 end lower as investors await big tech earnings

U.S. stocks traded mixed on Tuesday afternoon with Dow Jones Industrial Average reversing earlier losses to trade modestly higher, as investors weighed the latest batch of company earnings which reflected downbeat outlooks that could possibly foretell a coming recession.

How stocks are trading

On Monday, the Dow Jones Industrial Average rose 254 points, or 0.76%, to 33,630, the S&P 500 increased 47 points, or 1.19%, to 4,020, and the Nasdaq Composite gained 224 points, or 2.01%, to 11,364. The Nasdaq is up 8.6% for…