People walk past the New York Stock Exchange on Wednesday, June 29, 2022 in New York. Stocks are opening lower across the board on Wall Street, Tuesday, July 5, and crude oil prices are dropping again. Treasury yields also fell as traders continued to worry about the state of the economy (AP Photo/Julia Nikhinson)
NEW YORK (AP) — Stocks wavered in uncertain trading on Wall Street to kick off a holiday-shortened, but earnings-heavy week. The S&P 500 rose 0.2% in morning trading on Tuesday and stocks in the benchmark index were roughly split between gainers and losers. The Dow Jones Industrial Average and the Nasdaq also fell. Bond yields were relatively stable. The broader market is coming off its best week in two months as investors review the latest round of corporate earnings to get a better sense of how much damage inflation is inflicting on the economy. United Airlines and Netflix will report earnings this week.