Dow opens lower on DC gridlock, Goldman Sachs shares fall

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Wall Street investment bank Goldman Sachs Group Inc. reported second-quarter per share earnings of $3.95 on Tuesday, which was well above the median forecast of $3.39.

The broad-based S&P 500 fell a hair to 2,459.14, while the tech-rich Nasdaq Composite Index rose less than 0.1 percent to 6,314.43.

USA market is keeping a close eye on the quarterly earnings given the stock market's latest record run.

The S&P health sector fell 0.3 percent while utilities gained 0.4 percent and the consumer discretionary sector rose 0.26 percent. Expectations of solidly higher earnings, along with fairly low interest rates, have propelled stocks to multiple records in 2017.

S&P 500 measures the performance of 500 widely held common stocks of large-cap US companies.

If stocks are able to extend their record highs will hinge partly on the results released this week with earnings reports.

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The Dow Jones Small-Cap Value TSM Index closed at 9,656.71 for a gain of 31.68 points or 0.33%.

Seven of the 11 major S&P 500 sectors were lower, with the financial index's 0.61 percent fall leading the decliners.

The S&P healthcare sector was under pressure, falling 0.52 percent, after the healthcare Bill to replace Obamacare sank in the Senate, as Republicans remained divided on how to repeal and replace the Affordable Care Act.

In economic news, import prices fell 0.2 percent last month, as expected.

This follows a robust first quarter when United States companies posted their best earnings since 2011, according to Thomson Reuters I/B/E/S.

Declining issues outnumbered advancers on the NYSE by 1,728 to 1,008.