Stocks mixed, 10-year yield sits near 16-year high: Stock market news today

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Stocks opened higher on Tuesday after a tech rally on Monday reversed some of the lackadaisical trading we've seen so far in August.

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-- Two weeks after Moody’s Investors Service rattled financial stocks by cutting the ratings for a slew of US banks, S&P Global Ratings is downgrading and dimming its outlook for several more — citing a similar mix of pressures making life “tough” for lenders.

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