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NEW YORK (CNN/Money) -
Stocks slipped Tuesday morning, as falling oil prices and Texas Instruments' weaker revenue forecast sparked some selling, one-session after the best day for the Dow in six months
The Dow Jones industrial average (up 169.78 to 10,385.00, Charts) and the broader S&P 500 (down 2.70 to 1,196.68, Charts) index both lost a few points, one session after scoring the biggest one-day point and percentage gain since April. The Nasdaq composite (down 6.63 to 2,109.20, Charts) lost 0.2 percent.
All three major gauges rallied Monday on a combination of a natural bounceback after several weeks of selling, and relief that President Bush has tapped White House adviser Ben Bernanke to replace the outgoing Alan Greenspan as Federal Reserve chair.
After such an advance, a variety of stocks saw some mild declines.
In corporate news, Texas Instruments (unchanged at $30.92, Research) slumped after issuing a fourth-quarter revenue forecast late Monday that set the midpoint below analysts' forecast. That overshadowed the chipmaker's report that third-quarter earnings and revenue rose from a year ago and topped forecasts.
On Tuesday, Dow component DuPont (unchanged at $39.62, Research) reported quarterly earnings that topped estimates, and also announced a $5 billion stock buyback program.
Reports are due shortly on existing home sales in September and consumer confidence in October.
U.S. light crude oil for December delivery rose 60 cents to $60.92 a barrel in electronic trading.
Treasury prices inched higher, lowering the yield on the 10-year note to 4.44 percent from 4.45 percent late Monday. Treasury prices and yields move in opposite directions.
The dollar fell against the euro and yen.
COMEX gold rose $5.90 to $472.90 an ounce.
In global trade, major Asian markets ended higher and European shares were mixed at midday.
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