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Stocks open lower after back-to-back gains as investors brace for tech earnings

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U.S. stocks opened lower Tuesday, pulling back after strong back-to-back gains led by the tech-heavy Nasdaq Composite. Investors were weighing results from...

U.S. stocks opened lower Tuesday, pulling back after strong back-to-back gains led by the tech-heavy Nasdaq Composite. Investors were weighing results from corporate heavyweights, including General Electric GE, -1.09% and Johnson & Johnson JNJ, +0.23%, while Microsoft Corp.

was set to kick off earnings for megacap tech companies after the bell. The Dow Jones Industrial Average DJIA, -0.38% was down 157 points, or 0.5%, while the S&P 500 SPX, -0.33% shed 0.5% and the Nasdaq Composite COMP, -0.15% declined 0.6%.

 

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We should head far lower

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