Dow falls for the first day in five, dropping 200 points led by Apple; European markets close lower as investors digest earnings, virus and China data; BELEX15 up 0.34% 
Stocks were mixed on Tuesday as investors grappled with the latest news regarding U.S. coronavirus stimulus and treatments as well as the first batch of corporate earnings. The Dow Jones Industrial Average dropped 77 points, or 0.3%, as Apple shares declined. The 30-stock average was also on pace for its first losing session in five. The S&P 500 slid 0.3%. The Nasdaq Composite eked out a small gain, rising 0.4%. 
JPMorgan Chase reported better-than-expected results for the third quarter. Citigroup, another major bank, also posted better-than-expected results for the previous quarter. Dow member Johnson & Johnson posted earnings that beat analyst expectations and raised its full-year profit guidance. Asset-management giant BlackRock saw its shares gain 4.7% after the company reported earnings that beat analyst expectations. BlackRock also said its assets under management grew to $7.81 trillion from $7.32 trillion in the previous quarter. 
Delta Air Lines reported a wider-than-expected loss for the quarter and revenue down 75% compared with the same quarter last year. Shares fell 3.2%.Third-quarter earnings are expected to have declined significantly; however, traders are hoping for a surprise to the upside. 
Disney rallied more than 4% after announcing a major company reorganization with streaming at the forefront of its business. Disney said it is centralizing its media businesses into a single organization that will be responsible for content distribution, ad sales and Disney+. 
Apple unveiled on Tuesday its first-ever 5G iPhone. Morgan Stanley analyst Katy Huberty called this “the most significant iPhone event in years” ahead of the event. Apple shares dropped more than 2%, however, after rallying 6.4% on Monday. 

European stocks retreated on Tuesday, as investors digested the start of U.S. earnings season, the latest China data and coronavirus developments. The pan-European Stoxx 600 ended the day 0.7% lower provisionally, with almost all sectors in the red. Telecoms was the only sector to close higher, up around 0.3%. 
Shares of German biotech company Morphosys fell more than 5% after the launch of an offering of convertible bonds, while Rolls-Royce also slid more than 6% following a bond offering. 

BELELX15 ended its daily session with 0.34% gain, as Komercijalna and NIS were up 1.84% and 0.53%, respectively. The most active name was Philip Morris, with RSD 1.4m in volume.  
Source: CNBC, Ilirika