(MENAFN- ProactiveInvestors)Wall Street fell again ahead of the close of trading on Tuesday as a selloff in utilities and energy shares overpowered upbeat results from Wal-Mart Stores (NYSE:WMT) and Home Depot (NYSE:HD). At 3:18 p.m. in New York the S&P 500 (INDEXSP:.INX) was down 0.2% at 2048. The Dow Jones Industrial Average (INDEXDJX:.DJI) fell 0.1% at 17470.72. The Nasdaq Composite (INDEXNASDAQ:.IXIC) was also down 0.1% at 4977.80. Wal-Mart Stores (NYSE:WMT) gained 3.5% to $59.88 after the world's largest retailer posted stronger-than-expected fiscal third-quarter earnings and upped the low end of its annual guidance. Home Depot (NYSE:HD) advanced 3.9% to $125.55 after the world's largest home-improvement chain delivered quarterly earnings that topped analysts' expectations on Tuesday helped by strong demand from professional contractors and builders. ON FRONT FOOT Wall Street shares began to motor forward as traders shrugged off macro fears. The benchmark Dow is up 81 at the time of writing to 17564 while the Nasdaq added 28 to 5013. The broader based S&P500 gained ten points to stand at 2063. On the winning front Nuance Comms (NASDAQ:NUAN) was a notable gainer - surging over 14% as traders hailed fourth quarter earnings which beat analysts' expectations. The voice and language solutions firm posted Q4 earnings of 41 cents per share while revenue increased to $504.1 million up from $502.3 million a year ago. Analysts had expected revenue of US$507.84 million. Conveserly Dick's Sporting Goods (NYSE:DKS) dived on Tuesday as the retailer slashed its earnings guidance after a disappointing quarter. The Pittsburgh-based chain reported a profit of US$47.2mln or 41 cents a share in the latest quarter down from a profit of US$49.2mln or 41 cents the previous year. Enzo Biochem (NYSE:ENZ) added over 8% after the life science and biotechnology company unveiled New York state's approval of its first assay based on Ampiprobe platform for the quantitative detection of Hepatitis C virus Propanc Health gained over 5% as it told investors it was 'thrilled' with the results of recent studies where it achieved significant tumor growth inhibition in pancreatic and ovarian cancers using its PRP candidate. STRUGGLING FOR DIRECTION Wall Street is struggling for direction on Tuesday as traders weigh upbeat earnings report from Wal-Mart Stores and TJX and a host of mixed economic reports. At 10:18 a.m. in New York the S&P 500 (INDEXSP:.INX) is down less than 0.1% at 2052. The Dow Jones Industrial Average (INDEXDJX:.DJI) similarly is down less than 0.1% at 17477. The Nasdaq Composite (INDEXNASDAQ:.IXIC) on the other hand is up less than 0.1% at 4985. Consumer prices rose for the first time in three months while industrial production dropped in October. The Labor Department said its Consumer Price Index increased 0.2% last month reversing September's 0.2% drop. The Federal Reserve said industrial production fell 0.2% last month after an unrevised 0.2% drop in September. Wal-Mart Stores (NYSE:WMT) gained 2.9% to $59.54 after the world's largest retailer posted stronger-than-expected fiscal third-quarter earnings and upped the low end of its annual guidance. TJX (NYSE:TJX) jumped 4.2% to $68.25 after the owner of off-price chains TJ Maxx and Marshalls reported a 5.3% rise in quarterly sales as more bargain-hungry shoppers visited its stores. US PREVIEW US shares are set to start on the front foot as traders put the terror and unease of the Paris attacks to one side. Futures trading have the benchmark Dow Jones 67 points ahead with the S&P500 around nine points higher and the tech heavy Nasdaq index 19 points to the good. Yesterday stocks on Wall Street rebounded snapping a three-session losing run paced by energy shares amid bets that any fallout from Friday's terrorist assaults would have a limited economic impact. The Dow closed an impressive 237 points higher at 17488 while the Nasdaq added around 56 points to 4984. The S&P500 added around 40 points to stand at 2053 at the close of trading. Last night Asian stocks rose their most in three weeks with the Nikkei 225 adding 237 points while the Hang Seng gained 253 to go to 22264. Ahead of the bell are more earnings from retailers including Asda owner Walmart (NYSE: WMMVF) Home Depot (NYSE:HD) and Dick's Sporting Goods (NYSE: DKS). Shares in Urban OutFitter (NYSE:URBN) plunged over 11% after hours after its quarterlies disappointed. Amazon (NASDAQ:AMZN) is up 0.49% in pre-market after news it had expanded Launchpad - the platform for startup firms to sell products to the UK and work with "crowdfunding platforms and venture capitalists.
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