Indices closed in the red zone on Tuesday. Brands such as Apple, 3M and Caterpillar led decliners amid a variety of economic news. Consumer confidence ticked up in April. Conference Board data showed sentiment increased 1.7 points to 128.7 versus a consensus estimate of 126. On another note, new single-family home sales climbed to 694,000 in March versus expectations of 630,000. Looking ahead, Facebook is set to release quarterly details on Wednesday.