S&P 500 opens lower after bank earnings; chips weigh
SPY•The S&P 500 opened down 0.15% at 7,795.27 and the Nasdaq fell 0.39% to 27,138.729, while the Dow rose 0.47% to 52,092.99.
1. Indexes diverge at open
The S&P 500 and Nasdaq opened lower as chip stocks came under selling pressure and investors assessed mixed quarterly results, including reports from major U.S. banks. The Dow rose 242.4 points, or 0.47%, to 52,092.99.
