Wall Street opens mixed; Alphabet weighs on S&P 500, Nasdaq
FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., April 23, 2019. REUTERS/Brendan McDermid
(Reuters) – U.S. stocks opened mixed on Tuesday, as investors parsed a barrage of earnings reports, while a slump in shares of Google-parent Alphabet weighed on the S&P 500 and Nasdaq.
The Dow Jones Industrial Average rose 40.17 points, or 0.15%, at the open to 26,594.56.
The S&P 500 opened lower by 5.89 points, or 0.20%, at 2,937.14. The Nasdaq Composite dropped 56.94 points, or 0.70%, to 8,104.91 at the opening bell.
Reporting by Shreyashi Sanyal in Bengaluru; Editing by Shounak Dasgupta