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US stocks mixed in late-afternoon trading as oil slides

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Emma Martin
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Energy companies and retailers weighed on U.S. stocks in late-afternoon trading Tuesday, setting the market on course for an uneven close.

Oil prices closed lower, backtracking after an early rally.

KEEPING SCORE: The Dow Jones industrial average slid eight points to 18,521 as of 3:20 p.m. Eastern time.

THE QUOTE: With nearly 90 percent of S 500 companies already reporting, earnings this quarter have been OK, while revenue growth has not been as bad as expected, said Bob Doll, chief equity strategist at Nuveen Asset Management.

"The worst quarter, year-over-year, was the first quarter.

SAPPED: Several oil and gas companies were trading lower.

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Emma Martin
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