The Dow Jones Industrials climbed to within 6.71 points of the breakeven mark to 42,924.89
The S&P 500 index fell short only 2.78 points to 5,851.20.
The NASDAQ moved positive 33.12 points to 18,573.13.
Homebuilding stocks dropped on persistent higher-for-longer rate concerns, with Lennar and D.R. Horton each losing more than 3%.
Traders are also eyeing a fresh slate of earnings reports that are set to come out this week, including Tesla and Coca-Cola on Wednesday and Honeywell on Thursday.
On Tuesday, General Motors jumped more than 10% after topping Wall Street’s third-quarter expectations and raising its full-year guidance.
Philip Morris also soared roughly 9% after the Marlboro maker raised its annual profit forecast, while Verizon shed more than 4.5% after its total revenue just missed analysts’ forecast. Lockheed Martin shares dipped 6.5% after the military contractor posted lower-than-expected quarterly sales.
So far, about 19% of companies in the broad index have reported results, with more than seven out of 10 topping earnings estimates
Prices for the 10-year Treasury dropped a bit, raising yields to 4.20% from Monday’s 4.19%. Treasury prices and yields move in opposite directions.
Oil prices gained $1.68 to $72.24 U.S. a barrel.
Prices for gold advanced $22.10 an ounce to $2.761 U.S.