S&P 500 opens lower after bank earnings; chips weigh
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StreetInsider.com Top Tickers, 10/13/2026
- S&P 500 set for muted open after big bank earnings, chip slide weighs
- Oil eases as traders monitor Russian diesel deal, Saudi attacks
- JPMorgan shares edge lower after third-quarter FICC revenue miss
- Fed’s Waller says US bond yield rise driven by growth, not inflation
- Wells Fargo beats profit estimates despite revenue miss
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FILE PHOTO: A futures-options trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., August 21, 2026. REUTERS/Jeenah Moon/File Photo
Oct 13 (Reuters) - The S&P 500 and the Nasdaq opened lower on Tuesday as chip stocks came under selling pressure again, while investors assessed a mixed set of quarterly results, including reports from big US banks.
The Dow Jones Industrial Average rose 242.4 points, or 0.47%, at the open to 52,092.99. The S&P 500 fell 12 points, or 0.15%, at the open to 7,795.27 while the Nasdaq Composite dropped 107.2 points, or 0.39%, to 27,138.729 at the opening bell.
(Reporting by Purvi Agarwal in Bengaluru; Editing by Joyjeet Das)
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