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U.S. stocks open lower as banks kick off earnings reporting for fourth quarter

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U.S. stocks opened lower Friday as banks kicked off earnings reporting for the fourth quarter. The Dow Jones Industrial Average undefined was down 0.7% soon...

U.S. stocks opened lower Friday as banks kicked off earnings reporting for the fourth quarter. The Dow Jones Industrial Average DJIA, -0.65% was down 0.7% soon after the opening bell, while the S&P 500 SPX, -0.74% fell 0.8% and the Nasdaq Composite COMP, -0.

63% dropped 0.9%, according to FactSet data, at last check. Investors are weighing fourth-quarter results from Wall Street banks including JPMorgan Chase & Co. JPM, -1.81%, Bank of America Corp. BAC, -1.60%, Citigroup Inc. C, -1.55% and Wells Fargo & Co. WFC, -4.20%.

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