NEW YORK | US stocks dip as smaller companies continue to tumble
NEW YORK | US stocks dip as smaller companies continue to tumble
NEW YORK — U.S. stocks are mostly lower Tuesday as retailers and car companies lose ground but technology companies edge higher.
Stitch Fix, an online clothing company, plunged after its revenue and user totals fell short of analyst forecasts, and Pepsi is falling after it said the strong dollar will hurt its results. Mining companies are rising as the prices of gold and other metals increase.
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