Categories
Audio Sources - Full Text Articles

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

Listen to this article
2023-01-24T14:33:44Z

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.

WP Radio
WP Radio
OFFLINE LIVE