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SNAPSHOT Wall St opens lower as earnings roll in, chipmakers retreat


Traders work at the post where Carvana Co. is traded on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., December 7, 2022. REUTERS/Brendan McDermid

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 (.DJI) fell 184.84 points, or 0.55%, at the open to 33,444.72. The S&P 500 (.SPX) opened lower by 18.07 points, or 0.45%, at 4,001.74, while the Nasdaq Composite (.IXIC) dropped 61.48 points, or 0.54%, to 11,302.93 at the opening bell.

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