Stock market today: Indexes dip ahead of mega-cap tech earnings

• US stocks were down Wednesday greeting earlier nan week's high-profile net kicked off.
• Snap, Advanced Micro Devices, and Alphabet study third-quarter results aft nan bell.
• Meta and Microsoft, meanwhile, are scheduled to study connected Wednesday. Q3 GDP information will besides beryllium published Wednesday.

US stocks dipped connected Tuesday arsenic traders waited for a slew of corporate earnings reports and economical data releases.

Major indexes edged little and enslaved yields rose. The 10-year Treasury output was up 4 ground points to 4.326%.

Earnings play connected Wall Street continues to summation steam, pinch Snap, Advanced Micro Devices, and Google genitor Alphabet among nan awesome tech firms group to study net aft nan bell.

The net deluge continues connected Wednesday pinch Meta and Microsoft aft nan closing bell. Apple and Amazon will study connected Thursday.

Third-quarter net person been beardown truthful far. Of nan 37% of S&P 500 companies that person released financials, 75% person hit net estimates, connected par pinch nan 10-year average, according to a FactSet analysis.

This week's economical data, meanwhile, has nan imaginable to reset nan market's expectations for Fed complaint cuts. Investors will digest GDP information for nan 3rd 4th connected Wednesday, pinch estimates of 3.2% maturation successful nan July done September period.

On Friday, nan October jobs study will beryllium published. Economists expect 110,000 jobs were added past month, good beneath September's reference of 254,000.

The Federal Reserve's November argumentation gathering will footwear disconnected a time aft nan statesmanlike election. According to nan CME Fedwatch tool, traders spot a 96% chance cardinal bankers will trim rates different 25 ground points, though caller basking information has besides suggested nan Fed whitethorn region complaint cuts astatine an upcoming meeting.

"As we participate 2025, nan lawsuit for skipping aliases pausing is apt to build. The Fed will beryllium person to estimates of neutral, a repetition of residual seasonality could assistance ostentation early adjacent year, and nan predetermination result could adhd to hawkish risks for nan Fed," Deutsche Bank analysts said successful a statement connected Wednesday.

Here's wherever US indexes stood soon aft nan 9:30 a.m. opening doorbell connected Tuesday:

• S&P 500: 5,802.94, down 0.35%
• Dow Jones Industrial Average: 42,184.05, down 0.48% (-203.52 points)
• Nasdaq composite: 18,523.71, down 0.23%

Here's what other is going on:

• Here's really a Trump aliases Harris presidency could effect your investments.
• The election-betting market has exploded this statesmanlike cycle.
• Trump Media and Technology banal embarked connected a meme-like rally aft Trump's Madison Square Garden event. The banal was halted for volatility connected Tuesday morning.
• The Fed could region rates astatine its adjacent meeting, if nan October jobs study comes successful strong, according to Wharton professor Jeremy Siegel.

In commodities, bonds, and crypto:

• West Texas Intermediate crude lipid ticked higher 0.67% to $67.83 a barrel. Brent crude, nan world benchmark, edged up 0.61% to $71.42 a barrel.
• Gold was higher by 0.47% to $2,754.48 an ounce.
• The 10-year Treasury output climbed 5 ground points to 4.333%.
• Bitcoin roseate 3.25% to $71,152.