U.S. stock futures were falling early Tuesday after the S&P 500 closed above 6,000 for the first time in the previous session. The index is on course for its first back-to-back yearly gains of more than 20% for the first time since 1998. Dow Jones ...

The S&P 500 Index ($SPX) (SPY) today is up +0.21%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +1.02%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.19%. Stocks today are moderately higher,

Activist investor Elliott Investment Management said Honeywell should split into two separate businesses on Tuesday, following in the footsteps of other industrial conglomerates that have broken up in recent years.

Activist investor Elliott Investment Management has built a $5 billion-plus position in industrials giant Honeywell International Inc., according to people with knowledge of the matter.

A breakup of Honeywell's businesses could result in major upside for the blue chip stock over the next two years, the activist investor says.