NEW YORK – Stocks are ending the day mixed as tepid earnings reports weigh on major indexes.
Traders said rising commodity costs were making investors cautious.
Kimberly-Clark Corp., the maker of Kleenex and Huggies, dropped 3 percent after missing earnings estimates. The company said that it plans to raise prices to offset higher costs.
The Dow Jones industrial average fell 26 points, or 0.2 percent, to close at 12,480 on Monday. The S&P 500 index lost 2, or 0.2 percent, to 1,335. The Nasdaq composite edged up 6 points, or 0.2 percent, to 2,823.
More than three shares rose for every four that fell on the New York Stock Exchange. Trading volume was 2.9 billion shares.
Ford Motor Co., Coca-Cola, and 3M Co. are among the companies reporting earnings Tuesday.
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