Wall Street was mixed and crude lost ground on Tuesday as investors assessed a spate of mixed earnings and signs that U.S. President Donald Trump's protracted trade war is hitting corporate profit margins,

Stocks are mixed on Tuesday as Wall Street takes a slight breather following the S&P 500’s record-setting performance, with investor focus shifting toward a wave of high-stakes earnings reports from major tech names.

The stock is down, but the reaction is nothing like what happened in April. That’s a positive for investors.

That helped to offset big gains for some homebuilders after they reported stronger profits for the spring than Wall Street had forecast. D.R. Horton rallied 14.5%, and PulteGroup rose 9.2%. That was even as both companies said homebuyers are continuing to deal with challenging conditions, including higher mortgage rates and an uncertain economy.

Verizon Communications helped lead the way and rose 3.3%. The telecom reported a stronger profit for the latest quarter than analysts expected, along with higher revenue than forecast. Following the strong performance,

The move comes after The Journal reported that the president sent Jeffrey Epstein a birthday card in 2003 with a drawing of a naked woman.

The Trump Administration on Monday removed the Wall Street Journal from the press pool covering the president's upcoming trip to Scotland