Good morning. Stocks were mixed Tuesday as banks kicked off earnings season and semiconductor stocks sold off.
Financial Services (XLF) led the Dow Jones Industrial Average’s (^DJI) gains after shares of JPMorgan (JPM) and Goldman Sachs (GS) rose following the banks’ quarterly results.
Here’s a check of the markets during the first few minutes of trading, based on a heat map powered by Yahoo Finance AlphaSpace data.
The Technology Sector (XLK) declined as chip stocks extended losses, led by memory makers Micron (MU) and SK Hynix (SKHY), amid a global sector sell-off.
Chip giants Nvidia (NVDA) and AMD (AMD) also fell.
Meanwhile, Microsoft (MSFT) extended its gains from the previous session after the tech giant unveiled its latest AI chip.
Long-term bonds eased, with the 10-year Treasury (^TNX) yield sitting near 5.21%.
Brent crude oil futures (BZ=F) fell to $105 per barrel, while WTI (CL=F) remained below $92 per barrel.
Here are some other notable stocks Yahoo Finance readers are checking out this morning: UnitedHealth Group (UNH), Johnson & Johnson (JNJ), and Wells Fargo (WFC).
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Gn bussni
