Stocks close lower amid euro fears, earnings Stocks closed mostly lower Tuesday, with the S&P 500 pulling back from a five-day rally, as talks to resolve Greece's debt crisis hit a snag and a number of earnings from blue chips disappointed investors. Greece moved closer to the possibility of a chaotic default. The country's private creditors pleaded with European officials who rejected their bond swap offer to hammer together a deal. "The situation in Greece has raised concerns and the market has pulled back, but I don't think it is impacting the market as much (as before) " said Doug Cote, the chief market strategist at ING Investment Management. U.S. equities have recently decoupled from Europe's sovereign debt crisis as signs of progress in the euro zone and improving U.S. data pushed Wall Street higher on improved growth prospects. According to the latest Thomson Reuters data, 20 percent of S&P 500 companies have reported earnings, with 58 percent topping Wall Street expectations, down from levels seen before at this point in the earnings season.