SANTIAGO (Dow Jones)–Chile’s select-stock index ended 1.1% lower Tuesday, tracking slumping U.S. markets, while participants waited for local heavyweights to start reporting their fourth-quarter earnings.

The Ipsa slipped to 4830.88 and volume totaled 98.4 billion Chilean pesos ($200.0 million), compared to CLP72.4 billion the prior session.

As several of the Ipsa’s heavier-weighted shares are also listed in New York, the Ipsa tends to track the Dow Jones Industrial Average. In recent trading the DJIA was down after a slew of blue-chip earnings disappointed investors already cautious ahead of marquee political and economic events.

Among dually listed shares, the nation’s second …