Stocks were mostly down on Tuesday, as a wave of disappointing quarterly results hit several of America’s largest companies. In addition, losses were attributable to investors looking for a quick return on Monday’s significant gains. Due to the current state of the markets, these fluctuations are to be expected. Harry Clark, CEO of Philadelphia’s Clark Capital Management, commented on present conditions: “It’s just this back-and-filling stuff. It’s driven by earnings, yes, but also emotion. It’s going to be this tug-of-war for a couple weeks at least.”
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