NEW YORK (AP) — Stocks are little changed in early trading following two days of gains that brought the market close to a record high.
Vornado Realty Trust slumped 2 percent Tuesday after reporting results that fell short of analysts’ forecasts.
Other companies rose after reporting earnings that beat forecasts. Disney rose 1 percent and Estee Lauder jumped 6 percent.
Energy stocks did better than the rest of the market as the price of oil climbed above $60 a barrel. Oil hasn’t closed above that level since December.
The Standard & Poor’s 500 was down a point to 2,113 as of 9:35 a.m. Eastern time Tuesday.
The Dow Jones industrial average lost 11 points, less than 0.1 percent, to 18,061. The Nasdaq composite fell 13 points, or 0.3 percent, to 5,002.
The hurricane missed the region, but heavy rain is still expected.