Wall Street's Tense Tuesday: Alphabet Earnings and Rising Yields

Wall Street anticipates significant volatility as Alphabet's earnings report approaches, alongside rising U.S. Treasury yields. Major tech stocks influence the market mood, coupled with geopolitical concerns and upcoming U.S. elections adding to investor jitters. Investors keenly analyze corporate results amid ongoing economic uncertainties.

Markets are bracing for turbulence on Wall Street as Google-parent Alphabet gears up to release its quarterly earnings report. Investors are keen to see if the company will meet expectations amidst what appears to be its slowest revenue growth in recent quarters.

Contributing to market anxiety is the rise in U.S. Treasury yields, putting pressure on rate-sensitive stocks and creating a backdrop of caution. Additionally, with significant election activities and geopolitical tensions on the horizon, many anticipate a volatile trading period in the upcoming weeks.

As of the latest reports, Dow E-minis have decreased by 158 points, while S&P 500 E-minis and Nasdaq 100 E-minis have also dropped. Analyzing these outcomes along with consumer confidence data and job openings will be essential in understanding market movements as well as Federal Reserve's interest rate strategies.

(With inputs from agencies.)