US Stocks Mixed; PepsiCo Posts Downbeat Sales

U.S. stocks traded mixed this morning, with the Dow Jones index falling around 0.1% on Tuesday.

The Dow traded down 0.12% to 44,369.81 while the NASDAQ gained 0.09% to 19,409.37. The S&P 500 also fell, dropping, 0.01% to 5,993.91.

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Leading and Lagging Sectors

Communication services shares surged by 0.7% on Tuesday.

In trading on Tuesday, utilities shares fell by 1.1%.

Top Headline

PepsiCo Inc (NASDAQ:PEP) reported worse-than-expected fourth-quarter revenue.

The company reported a fourth-quarter sales decline of 0.2% year-on-year to $27.78 billion, missing the analyst consensus estimate of $27.89 billion.

Net revenue from Frito-Lay North America decreased 2% Y/Y, Quaker Foods North America ...

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