Stocks are little changed to start February after S&P 500’s worst month since March 2020; European stocks start February on a positive note; Stoxx 600 climbs 1%; UBS up 8% 
Stocks hovered around the flatline Tuesday, the first day of February, as Wall Street tried to find its footing after a wild January. 
The Dow Jones Industrial Average climbed 56 points, or 0.2%. The S&P 500 ticked up less than 0.1%, and the Nasdaq Composite lost 0.2%. 
Bank stocks rose Tuesday, with Bank of America and JPMorgan Chase gaining 1.2% and 1%, respectively. Wells Fargo also advanced more than 2%. 
UPS reported better-than-expected earnings and hiked its quarterly dividend, sending the stock up more than 13%. Shares of Exxon Mobil gained more than 3% after the company reported better-than-expected quarterly earnings and revenue that jumped more than 80% year over year. 

The pan-European Stoxx 600 had climbed 1.1% by the close, with basic resources adding 3.3% to lead gains as almost all sectors and major bourses finished in positive territory. 
UBS on Tuesday reported a fall in quarterly profit, but beat analyst expectations and set ambitious new profitability targets as part of a strategic update. UBS shares climbed more than 8% to top the Stoxx 600. 
At the bottom of the European blue chip index, Swiss online pharmacy Zur Rose Group fell nearly 7%. 
Euro zone growth is a cause for concern too, after preliminary gross domestic product (GDP) data released on Monday showed economic output slowed in the fourth quarter of 2021, with GDP rising 0.3% quarter-on-quarter for a 4.6% annual gain. 
Source: CNBC, Investing.com