U.S. stocks opened mostly lower on Wednesday as earnings from Microsoft
MSFT,
and Alphabet
GOOG,
disappointed investors, dragging on the Nasdaq. The S&P 500
SPX,
fell 33 points, or 0.9%, to 3,825. The Dow Jones Industrial Average
DJIA,
rose 13 points, or less than 0.1%, to 31,849. The Nasdaq Composite
COMP,
retreated 242 points, or 2.2%, to 10,956.