US Stocks Open Lower as Chip Stocks Fall Amid Bank Earnings
US stock markets opened mixed on Tuesday with the Dow Jones rising 242.4 points (0.47%) to 52,092.99, while the S&P 500 fell 12 points (0.15%) to 7,795.27 and the Nasdaq dropped 107.2 points (0.39%) to 27,138.73. Chip stocks faced selling pressure as investors reacted to mixed quarterly earnings reports from major US banks.
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