S&P 500 Opens Lower as Chip Stocks Weigh
The S&P 500 and Nasdaq opened lower as chip stocks faced renewed selling pressure and investors assessed mixed quarterly results, including reports from major U.S. banks. The Dow rose 242.4 points, or 0.47%, to 52,092.99 at the open.
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01:46:55 PM UTC
SquawkNews
US stocks opened lower on Tuesday as investors assessed quarterly earnings from major banks at the start of the reporting season, while renewed weakness in semiconductor stocks weighed on Nasdaq futures.The Dow Jones Industrial Average rose 317 points. The S&P 500 fell 0.06%, while the Nasdaq Compo…
S. banks. 99.