Stocks slip after win streak

Stocks’ five-day winning streak ended Tuesday as investors cautiously assessed the first big round of corporate earnings reports.

Technology companies fared the worst, weighed down by a 1.3% drop by Microsoft and a 1.9% slide from Intel.

Johnson & Johnson led health care stocks lower, dropping 1.6% as its full-year profit forecast remained mostly below analysts’ projections.

Financial stocks finished mostly lower, although Goldman Sachs and Jpmorgan Chase rose. Energy companies also fell broadly.

Major indexes turned lower at midday after President Donald Trump said: “We have a long way to go on tariffs with China.”

A surprisingly good retail sales report for June had little impact on consumer product makers, although it did help push bond prices lower.

Industrial companies fared the best. JB Hunt Transport Services jumped 5.6% after the company beat Wall Street’s forecasts for second quarter profit. The trucking and logistics company also told investors that it expects volume to pick up in the second half of the year. Several other trucking and cargo-related companies also made gains. Ryder System rose 3.7%, Old Dominion rose 3.2% and Union Pacific rose 1.4%.

Domino’s Pizza shed 8.7% after the pizza chain fell far short of Wall Street forecasts for a key sales measure during the second quarter.

Blue Apron surged 35.5% after the meal-kit company said it will start offering recipes with Beyond Meat’s plant-based food. The company will start offering the options in August. Blue Apron is still down more than 90% from its initial public offering two years ago.