US Close 26 Oct 16: U.S. markets held back by mixed earnings and a lower USD

US sharemarkets eased on Tuesday in response to mixed earnings and economic data. Shares in 3M fell by 2.9% after the company trimmed earnings forecasts. And shares in Whirlpool fell by 10.8% with revenue for the appliance maker hit by a stronger currency. But shares in Procter & Gamble rose by 3.4% after its profit topped expectations. The Dow Jones index fell by 54 points or 0.3% after holding in a 90 point trading range. The S&P 500 index fell by 0.4% while the Nasdaq eased by 26 points or 0.5%.

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