Adviser Investments’ Chief Investment Officer Jim Lowell has the market analysis for Tuesday, January 29. Major U.S. stockA financial instrument giving the holder a proportion of the ownership and earnings of a company. indexes saw minimal movement and mixed results today, with the Dow Jones Industrial Average up 0.2%, and the S&P 500 and NASDAQ declining 0.1% and 0.8%, respectively. Meanwhile, Apple’s stock rose 5% in after-hours trading despite the company’s disappointing first-quarter earnings report. Apple’s quarterly revenue fell 5% year-over-year mainly due to weakness in China, and the company also missed earnings forecasts and set lower revenue expectations for the second quarter. Harley-Davidson’s stock fell more than 5% after soft U.S. sales and recall costs contributed to the company’s 64% year-over-year earnings per share decline.
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