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Stocks Fall as Comcast and DuPont Slip, Fed Meets

Stocks fell on Tuesday as investors sifted through a glut of earnings reports and the Federal Reserve gathered for a two-day policy meeting.

The S&P 500 was down 0.25%, the Dow Jones Industrial Average fell 0.35%, and the Nasdaq declined 0.31%.

Comcast (CMCSA - Get Report) shares were slightly lower after reporting an in-line third quarter. The cable company earned 80 cents a share over the quarter, while revenue jumped 11% to $18.67 billion. CEO Brian Roberts called the results a "great quarter" after the box-office success of NBCUniversal's Minions and on growth in its high-speed Internet business.

DuPont (DD - Get Report) fell nearly 2% after a sharp decline in profits. The chemicals company earned 13 cents a share in its third quarter, down from 54 cents a year earlier, as a stronger dollar and weaker demand in emerging markets took their toll. Results were better than the 10 cents analysts had expected.

Coach (COH - Get Report) jumped 5% after maintaining full-year sales guidance and besting quarterly profit estimates. The luxury handbag retailer earned 41 cents a share in its fiscal first quarter, a penny above forecasts. Quarterly net sales climbed 3% on a constant-currency basis.

UPS (UPS - Get Report) fell 3% as sales came in weaker than expected after international package deliveries fell...