02:04 PM EDT, 07/22/2025 (MT Newswires) -- US benchmark equity indexes were mixed intraday as traders parsed the latest set of corporate earnings and updates around trade developments.

The Dow Jones Industrial Average was up 0.3% at 44,460.8 after midday Tuesday, while the S&P 500 rose 0.1% to 6,310.1. The Nasdaq Composite fell 0.3% to 20,911.9. The S&P 500 and the technology-heavy Nasdaq closed at record high levels Monday.

Among sectors, health care paced the gainers intraday Tuesday, while tech saw the biggest drop.

In company news, D.R. Horton's ( DHI ) fiscal third-quarter results surpassed market estimates despite a softening housing market. The homebuilder's shares were up 15%, the second-top gainer on the S&P 500.

AstraZeneca's ( AZN ) US-listed shares were up 2.3%. The company said late Monday it planned to invest $50 billion in the US by 2030, including the development of a new drug substance manufacturing facility in Virginia.

Lockheed Martin ( LMT ) shares were down 8.2% intraday Tuesday, the steepest decliner on the S&P 500, after the defense contractor lowered its full-year earnings outlook as its second-quarter profit plunged.

General Motors ( GM ) was among the worst performers on the S&P 500, down 6.5%. The automaker said it took a roughly $1.1 billion hit from President Donald Trump's tariffs in the second quarter as its results fell year on year.

Texas Instruments ( TXN ) and Intuitive Surgical ( ISRG ) are expected to report results after the closing bell Tuesday, along with others.

US Treasury yields were lower intraday, with the 10-year rate falling 3.8 basis points to 4.33% and the two-year rate losing 2.1 basis points to 3.83%.

The US has concluded a trade deal with the Philippines, which will pay a 19% tariff, Trump said in a social media post.

US Treasury Secretary Scott Bessent said he is scheduled to meet with Chinese officials in Stockholm next Monday and Tuesday, CNBC reported, citing Bessent's interview with Fox Business.

The US and China agreed to a 90-day suspension of most tariffs on each other's goods in May. That suspension is slated to expire Aug. 12, according to the report.

"We'll be working out what is likely an extension" during talks in Stockholm, Bessent reportedly said.

West Texas Intermediate crude oil was down 1.5% at $66.20 a barrel intraday Tuesday.

Gold was up 1.1% at $3,445 per troy ounce, while silver rose 0.6% to $39.58 per ounce.