Wall Street is edging back from its records on Tuesday following a mixed start to the latest profit reporting season for big U.S. companies. The S&P 500 slipped 0.4% after drifting between small gains and losses during the morning.

The five largest US investment banks — JPMorgan Chase, Goldman Sachs, Morgan Stanley, Bank of America and Citigroup — are this week expected to report quarterly investment banking revenues of almost $10bn, according to data compiled by Bloomberg, 13 per cent more than a year earlier.

Global brokerages expect Corporate America to deliver a strong fourth-quarter earnings season, driven by a broadening of profit growth across industries as the U.S. economy remains resilient.

The chip stock has rallied hard following President Donald Trump's praise for its CEO. Analysts still see issues for the company.

On Wall Street, power company Vistra soared 10.5% to help lead the market after signing a 20-year deal to provide electricity from three of its nuclear plants to Meta Platforms. Big Tech companies have been signing a string of such deals to electrify the data centers powering their moves into artificial-intelligence technology.

Wall Street’s newest regulator is about to enter his fourth week on the job, and already, he’s staring down a swelling political headache: what to do about prediction markets.

Finance's biggest firms are considering how AI might impact jobs, how it could cut costs, and reduce "grunt work."

Modest moves for Wall Street overall masked some big swings underneath the surface, including for makers of weapons and other military equipment

Shares in the asset management firm – which recorded roughly $13.5 trillion in assets at the end of September – fell roughly 1% Tuesday.