U.S. stocks open lower as investors continue to digest company earnings

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U.S. stocks open lower as investors continue to digest company earnings
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U.S. stocks opened lower Wednesday as investors weigh another batch of company earnings. The Dow Jones Industrial Average was down 0.4% soon after the...

U.S. stocks opened lower Wednesday as investors weigh another batch of company earnings. The Dow Jones Industrial Average DJIA, -0.37% was down 0.4% soon after the opening bell, while the S&P 500 SPX, -0.45% fell 0.5% and the Nasdaq Composite COMP, -0.55% dropped 0.7%, according to FactSet data, at last check. On Wednesday, Morgan Stanley MS, -3.01% reported first-quarter earnings that beat estimates, while Ally Financial Inc.

missed its first-quarter adjusted earnings target.

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