02:22 PM EDT, 10/29/2024 (MT Newswires) -- US benchmark equity indexes were mixed intraday as traders weighed the latest batch of corporate earnings and awaited Alphabet's (GOOG, GOOGL) results.

The Nasdaq Composite was up 0.8% at 18,710.3 after midday Tuesday, while the S&P 500 rose 0.3% to 5,839. The Dow Jones Industrial Average fell 0.2% to 42,299.1. Among sectors, communication services led the gainers, while utilities and energy saw the steepest declines.

Google ( GOOG ) parent Alphabet is scheduled to post its latest quarterly financial results after Tuesday's closing bell, along with other major names such as Visa (V), Advanced Micro Devices ( AMD ) , Stryker (SYK) and Chipotle Mexican Grill ( CMG ) .

In company news, Cadence Design Systems ( CDNS ) shares were up nearly 13% intraday, the best performer on the S&P 500 and the Nasdaq. Late Monday, the company tightened its full-year outlook, raising the lower end of the range on earnings and revenue after a better-than-expected third quarter.

Incyte ( INCY ) saw the second-biggest gain on the S&P 500 intraday, up 11%, after delivering a third-quarter revenue beat.

D.R. Horton ( DHI ) posted lower-than-expected fiscal fourth-quarter results and issued downbeat revenue outlooks for the first quarter and 2025. The homebuilder's shares were down 8.7%, the second-steepest decline on the S&P 500.

PayPal ( PYPL ) was the worst performer on the Nasdaq, down 3.7%, after the digital payments company's third-quarter revenue grew less than expected, while earnings growth outpaced analysts' views. The company improved its full-year bottom-line expectations.

The US 10-year yield increased 1.4 basis points to 4.29% intraday, while the two-year rate fell 1.1 basis points to 4.13%.

In economic news, US job openings fell to 7.44 million in September from 7.86 million the previous month, the Bureau of Labor Statistics said. The consensus was for an 8 million print in a survey compiled by Bloomberg.

US consumer confidence rose to 108.7 this month from 99.2 in September, the Conference Board said. The consensus was for a 99.5 reading in a Bloomberg poll.

"Consumer confidence recorded the strongest monthly gain since March 2021, but still did not break free of the narrow range that has prevailed over the past two years," Conference Board Chief Economist Dana Peterson said.

West Texas Intermediate crude oil was down 0.3% at $67.16 a barrel intraday.

Gold was up 1% at $2,782.10 per troy ounce, while silver increased 1.5% to $33.86 per ounce.