Wall Street mixed as investors assess fresh round of earnings, Boeing dips 3%, UPS rises 1.8%

Major US stock market indices moved in opposite directions on Tuesday with the S&P 500 and the Nasdaq gaining, while the Dow Jones falling as investors assessed fresh round of earnings.

At 09:30 am ET, the Dow Jones Industrial Average fell 305.69 points, or 0.62%, to 49,106.71, the S&P 500 gained 13.94 points, or 0.20%, to 6,964.17 and the Nasdaq Composite gained 112.68 points, or 0.48%, to 23,714.03.

Boeing shares were down 2.90% despite the planemaker swung to a profit in the fourth quarter on stronger deliveries.

United Parcel Service (UPS) stock rose 1.80% after the delivery giant beat Wall Street estimates for quarterly results.

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