Wall Street mixed at open as earnings disappoint

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FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., April 28, 2022. REUTERS/Brendan McDermid

(Reuters) – U.S. stock indexes were mixed at the open on Tuesday after a slew of underwhelming earnings reports, while investors braced for a big interest rate hike by the Federal Reserve this week to tame surging prices.

The Dow Jones Industrial Average rose 24.59 points, or 0.07%, at the open to 33,086.09.

The S&P 500 opened higher by 4.40 points, or 0.11%, at 4,159.78, while the Nasdaq Composite dropped 24.56 points, or 0.20%, to 12,511.46 at the opening bell.

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