(CNBC) — U.S. stocks closed mixed Tuesday, amid a rise in oil prices, as declines in tech and consumer discretionary stocks weighed after major earnings reports.
"I think it's really positive that energy and financials are still strong, and materials," said Marc Chaikin, CEO of Chaikin Analytics. There's "some rotational profit-taking going on in the technology and consumer discretionary names."
"Netflix and Tesla are not really the stock market. They are the momentum of the day," he said.
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