What you need to know… The S&P 500 Index ($SPX) (SPY) on Tuesday closed down -0.37%, the Dow Jones Industrials Index ($DOWI) (DIA) closed down -0.62%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -0.01%. On Tuesday, stocks posted moderate losses, with the Dow Jones Industrials falling to a 3-1/2 week low. Stocks moved lower Tuesday on mixed earnings results and some negative corporate news. Also, the 10-year T-note yield jumped to a 1-week high on comments from Fed Governor Waller that dampened speculation of imminent Fed rate cuts after he said when the Fed begins cutting interest rates…