Markets Today: US stocks are off to a mixed start

The Newest on Progress in financial markets (all times local):

9:35 a.m.

Stocks are away to a mixed start on Wall Street as traders procedure that a deluge of earnings reports from large U.S. companies.

Stocks were making moves Tuesday after issuing their quarterly accounts.

General Electric jumped 7% after reporting earnings and earnings that beat analysts’ predictions, whereas Google’s parent company Alphabet sank 7.8% after its earnings didn’t grow as fast as Wall Street expected.

The S&P 500 index dropped 7 points, or 0.3%, to 2,935.

The Dow Jones Industrial Average was little affected at 26,549. The Nasdaq, which will be heavily weighted with technology businesses, dropped 52 points, or 0.6%, to 8,109.

Much did not move. The yield on the 10 year Treasury kept stable at 2.53%.

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