Wall Street Opens Lower Amid Corporate Results and Treasury Yield Concerns

Wall Street experienced a downturn as investors reviewed several corporate earnings reports and awaited Alphabet's earnings. The Dow Jones, S&P 500, and Nasdaq Composite reflected mixed opening trends amid rising U.S. Treasury yields, with the Dow Jones facing the most significant drop.

On Tuesday, Wall Street opened on a downward trend, influenced by investors' analysis of varied corporate earnings alongside anticipation of Alphabet's financial results.

The Dow Jones Industrial Average declined by 177.91 points, or 0.42%, settling at 42,209.66, as concerns about rising U.S. Treasury yields exerted pressure on equities.

Meanwhile, the S&P 500 saw a modest drop of 7.34 points, or 0.13%, opening at 5,816.18. In contrast, the Nasdaq Composite index inched up by 8.9 points, or 0.05%, reaching 18,576.088 at the start of trading.

(With inputs from agencies.)