(CNBC) -- The S&P 500 closed little changed near its record level on Tuesday as investors braced for a big batch of tech earnings.
The broad equity benchmark ended the day less than 0.1% lower at 4,186.72 after hitting a record high in the previous session. The Dow Jones Industrial Average also closed flat at 33,984.93. The tech-heavy Nasdaq Composite slid 0.3% to 14,090.22.
Shares of Tesla fell 4.5% even after the electric carmaker posted record net income of $438 million. Tesla also beat Wall Street’s earnings and revenue expectations handily, boosted by sales of bitcoin and regulatory credits. The shares have struggled this year, off by more than 20% from their record. Though the stock is still up more than 300% over the last 12 months.
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