Markets indexes waver in midday trading as more US companies turn in earnings reports

Markets Associated Press

U.S. stocks are mostly lower as big companies turn in a mixed batch of earnings results.

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Harley-Davidson slumped 8 percent in midday trading Tuesday after its earnings fell short of analysts' forecasts.

Kimberly-Clark jumped 4 percent. The maker of Huggies diapers and paper products reported income and revenue that easily beat analysts' forecasts.

The Dow Jones industrial average slipped 77 points, or 0.4 percent, to 17,957.

The Standard & Poor's 500 index lost three points, or 0.2 percent, to 2,097. The Nasdaq composite climbed 18 points, or 0.4 percent, to 5,013.

The price of oil declined 17 cents to $56.21 a barrel in New York.

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Government bond prices fell. The yield on the benchmark 10-year Treasury note rose to 1.90 percent.