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S&P 500 opens lower after bank earnings; chips weigh

Via Reuters

S&P 500 opens lower after bank earnings; chips weigh FILE PHOTO: A futures-options trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., August 21, 2026. REUTERS/Jeenah Moon/File Photo · Reuters Reuters Tue, October 13, 2026 at 9:35 AM EDT ^GSPC +0.05% ^DJI +0.31% ^IXIC +0.02% Oct 13 (Reuters) - The S&P 500 and ‌the Nasdaq opened ‌lower on Tuesday as chip ​stocks came under selling pressure again, while investors assessed a ‌mixed set ⁠of quarterly results, including reports from ⁠big US banks.

The Dow Jones Industrial ​Average rose ​242.4 ​points, or ‌0.47%, at the open to 52,092.99. The S&P 500 fell 12 points, or 0.15%, ‌at the open ​to 7,795.27 ​while ​the Nasdaq ‌Composite dropped 107.2 points, ​or ​0.39%, to 27,138.729 at the opening ​bell.

(Reporting ‌by Purvi Agarwal in ​Bengaluru; Editing by ​Joyjeet Das)

Read original at Yahoo Finance News

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