The New York stock exchange fell in Tuesday's initial trading, but the three leading indexes recovered and closed near zero. The broad S&P 500 index fell 0.1 percent, the Dow Jones industrial index closed unchanged, and the Nasdaq's technology-heavy composite index rose 0.2 percent.
Among those that fell were jet engine manufacturer GE Aerospace, a company that was spun off from the giant conglomerate General Electric in the spring. The stock plummeted 9.1 percent after the company reported quarterly results where revenue did not meet forecasts.
On the other hand, reporting giants General Motors and tobacco company Philip Morris surged, up 9.9 and 10.5 percent, respectively. GM reported both increased profit and revenue, while Philip Morris presented sales successes of tobacco-free products such as the snus Zyn.
Some of the index-heavy IT giants also did well, including Microsoft and Meta, which rose 2.1 and 1.2 percent, respectively.
