U.S. Stocks Slip as Technology Shares Face Selling Pressure

U.S. stocks ended modestly lower Tuesday as technology shares came under renewed pressure and investors reviewed a fresh batch of quarterly results from major banks.

The Dow Jones Industrial Average fell 0.3% by the close. The decline came as investors worked through a fresh batch of quarterly results from major banks, marking the start of a closely watched reporting period for major U.S. financial institutions.

Market attention now turns to the September consumer price index, scheduled for release Wednesday, Oct. 14. The report is the next major data point on the calendar as investors assess corporate results alongside the latest inflation figures.

The week also includes further bank earnings, with Morgan Stanley and BlackRock scheduled to report Wednesday. The producer price report is due Thursday.