US stocks declined in early trade on Tuesday after a report showed that prices of US single-family homes fell in August.
The S&P 500 Index declined 5.78 points, or 0.49 percent, to trade at 1,179.82 at 09:55 a.m. EDT. The Dow Jones Industrial Average fell 43.41 points, or 0.39 percent, to trade at 11,120.64. The Nasdaq Composite Index declined 0.64 percent.
The S&P Case/Shiller Home Price Index declined 0.2 percent in August from July. On annual basis, the index rose 1.7 percent in August compared to 3.2 percent in July and below economists' consensus forecast of 2 percent.
Shares of Texas Instruments declined 2.04 percent as the company said late on Monday that it expects fourth-quarter revenue to decline from third-quarter levels.
Ford Motors shares rose 0.85 percent after the company reported record third quarter net income of $1.7 billion or $0.43 per share from $997 million or $ 0.29 per share a year ago.
DuPont fell 2.03 percent after reporting a third quarter net income of $367 million or $0.40 per share compared to $409 million or $0.45 per share a year ago.
UBS shares declined 4.91 percent as the bank reported a loss at its investment bank on sluggish trading.
The euro declined 0.73 percent to 1.3863 against the dollar while the greenback advanced 0.62 percent against the yen.
Crude oil futures fell 0.52 percent to $82.09/barrel and gold futures declined 0.67 percent.
European stock markets fell on Tuesday, led by declines from UBS and ArcelorMittal. Markets are currently trading lower with UK FTSE 100 down by 62.18 points, German DAX30 down by 42.55 points and French CAC 40 down by 41.69 points.
