U.S. stock prices are moving lower as traders digest some mixed corporate earnings and a weak indicator on the Chinese economy.
The Standard & Poor's 500 index fell six points, or 0.3 percent, to 1,932 in midday trading Tuesday.
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The Dow Jones industrial average fell 54 points, or 0.3 percent, to 16,515. The Nasdaq composite lost six points, or 0.1 percent, to 4,378.
Target fell 3 percent after the company lowered its second-quarter earnings forecast, citing promotional discounts it had to use to attract shoppers.
In China, a purchasing managers' index by HSBC showed the services industry grew in July at the slowest rate last month since November 2005.
Bond prices fell. The yield on the 10-year Treasury note rose to 2.51 percent.