The S&P 500 edged lower for a second consecutive session on Tuesday, with the cash index declining 0.02% to 7,805.45.

Citigroup and Goldman Sachs topped profit estimates, but both stocks fell. Wells Fargo declined after its net interest income missed expectations, while JPMorgan Chase slipped following a profit miss. Oil prices also eased, with Brent crude settling 0.9% lower at $105.69 per barrel, as investors looked ahead to Wednesday’s inflation report.

December S&P 500 futures traded as high as 7,864.00 and as low as 7,834.50.

The session concluded below the day’s midpoint at 7,845.50, losing 12.50 handles from the prior close of 7,858.00.

Tomorrow, market participants can look forward to the September Consumer Price Index report, scheduled for 8:30 a.m. ET. Investors will also assess quarterly results from Bank of America Corp. (NYSE: BAC), Morgan Stanley (NYSE: MS) and BlackRock Inc. (NYSE: BLK).

Among the top components of the index, Meta Platforms Inc. (NASDAQ: META) emerged as the biggest gainer. The tech conglomerate advanced by $19.54, or 2.63%, to close at $762.50 for the day.

That performance outpaced the cash index by 2.65 percentage points.

Conversely, the biggest loser ended up being Tesla Inc. (NASDAQ: TSLA). For the day, the AI and EV company declined by $2.80, or 0.74%, to close at $375.23.