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S&P 500 opens lower after bank earnings; chips weigh

By Thomson Reuters Oct 13, 2026 | 8:35 AM

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)