U.S. stocks closed lower on Tuesday, with the S&P 500 edging down, the Nasdaq Composite falling 0.15%, and the Dow Jones Industrial Average dropping 179 points, or 0.35%, after rising as much as 460 points during the session. Traders digested earnings results from major banks and a sharp overnight decline in South Korean stocks, which weighed on memory chip shares. According to Sina Finance, JPMorgan reported third-quarter earnings and revenue below analysts’ expectations, but raised its 2026 forecast for net interest income, while its shares were nearly unchanged. Wells Fargo shares fell 2% after mixed third-quarter results, while Goldman Sachs shares edged higher after its revenue topped estimates. UnitedHealth shares also posted modest gains after the company beat analysts’ expectations.