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

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%.

We should head far lower

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Stocks finish at highest level in a month as Nasdaq leads with 2% gainU.S. stocks finished at their highest level in a month on Monday, driven by strong performances by tech giant Apple and chipmaker NVIDIA. The Dow Jones Industrial Average gained 254 points, or 0.8%, to close at roughly 33,630:
Source: MarketWatch - 🏆 3. / 97 Read more »