US stock indexes close lower on mixed company earnings

ALEX VEIGA AP Business Writer A choppy day of trading on Wall Street ended Tuesday with stocks closing lower after a technology sector-led sell-off strengthened toward the end of the day. That late-afternoon burst of selling erased modest gains for the market, which was coming off two weeks of gains. The major indexes wavered for much of the day between small gains and losses as investors weighed a mixed batch of earnings reports from McDonald's, Procter & Gamble and other big companies. Weak profits and sales pulled shares in McDonald's lower. Travelers sank after the insurance company reported earnings that fell far short of analysts' forecasts. Meanwhile, traders bid up shares in Procter & Gamble after the consumer products maker raised its profit forecast for the year fol
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