Wall St opens lower as earnings roll in, chipmakers retreat

Published by
Reuters

(Reuters) – U.S. stock indexes opened lower on Tuesday, as corporate reports from bellwethers including 3M, Johnson & Johnson and GE pushed earnings season into high gear, while chip companies retreated after bouncing in the previous session. The Dow Jones Industrial Average fell 184.84 points, or 0.55%, at the open to 33,444.72. The S&P 500 opened lower by 18.07 points, or 0.45%, at 4,001.74, while the Nasdaq Composite dropped 61.48 points, or 0.54%, to 11,302.93 at the opening bell. (Reporting by Johann M Cherian in Bengaluru; Editing by Vinay Dwivedi)

Read More

Leave a Reply