US stocks: S&P 500 opens lower after bank earnings; chips weigh
The three major indices opened mixed on Tuesday
On Tuesday, the three major US stock indices opened mixed as investors digested a mix of quarterly results from large banks and the continued impact of chip stocks. The Dow Jones Industrial Average, which rose 242.4 points, or 0.47%, at the opening bell, hit 52,092.99. Meanwhile, the S&P 500 fell 12 points, or 0.15%, to 7,795.27, and the Nasdaq Composite dropped 107.2 points, or 0.39%, to 27,138.729.
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