Technical glitch leaves Wall Street with mixed sentiment late in session

The New York Stock Exchange closed the session this Tuesday, January 24, with a mixed feeling after a technical failure affected more than 80 stocks, at the start of the session, which caused fluctuations in prices.

Earlier in the session, the S&P 500 was down 0.10% to 4,015.66 points, the tech Nasdaq was down 0.27% to 11,334.27 points and the industrial Dow Jones was up 0.31% to 33,733.50 points.

With companies continuing to report earnings for the final quarter of 2022, analysts expect S&P 500 earnings to be 2.9% down from the 2021 quarter, and down 1.6% year-on-year, according to Refinitiv.

Among the 11 major sectors in the S&P 500, industrials fell the most. The Intercontinental Exchange, which owns the New York Stock Exchange, fell 2.5%.

Alphabet shares fell 1.8% after the Justice Department filed a lawsuit against Google for abusing its dominance in the digital advertising business.