U.S. stocks closed on a mixed note, after swinging between gains and losses throughout the session, weighed by disappointing reading on U.S. consumer confidence.
The Dow industrial average lost 0.16 percent to finish at 12,632.91. The Nasdaq Stock Market edged 0.07 percent higher to end at 2,813.84. Standard and Poor's 500 inched 0.05 percent lower to close at 1,312.40 on Tuesday.
On the economic front, the Conference Board's reading on U.S. consumer confidence showed an unexpected decrease in January, slipping to 61.1 from a revised 64.8 in December, while economists' expectations were for an increase to 68.0.
A report from the Institute for Supply Management-Chicago Inc. showed that Chicago business barometer showed an unexpected drop to 60.2 in January from 62.2 in December.
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In corporate news, Amazon.com Inc. (NASDAQ:AMZN) plunged 9.6 percent in extended trading following the Internet retailer's lower-than-expected fourth-quarter sales and first quarter forecast. The company earned $0.38 per share for the quarter, on sales of $17.4 billion. Wall Street analysts projected earnings per share of 19 cents on sales of $18.2 billion. It sees first-quarter net sales between $12.0 billion and $13.4 billion, while analysts' project $13.4 billion.
Broadcom Corp. (NASDAQ:BRCM) rose 2.3 percent in extended trading after the semiconductor company reported quarterly non-GAAP net income of 68 cents per share, beating consensus of 65 cents a share. Net revenue of $1.82 billion also beat expectations of $1.80 billion.
AFLAC Inc. (NYSE:AFL) fell 1.5 percent in extended trading after the health and life insurance company's fourth quarter earnings trailed analysts' expectations. The company posted operating earnings per share of $1.48 on revenue of $6.0 billion. Analysts' expected earnings per share of $1.51 on revenue of $6.06 billion.
In extended trading, Seagate Technology PLC (NASDAQ:STX) fell 1.8 percent, Jda Software Group Inc. (NASDAQ:JDAS) slumped 8.3 percent and Plantronics Inc. (NYSE:PLT) plunged 14.7 percent following their quarter reports.
Avery Dennison Corp.