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April 20, 2021, 9:32 a.m. EDT

Stocks open lower for a second day despite strong earnings

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By Andrea Riquier

U.S. stocks started Tuesday's session on the back foot after retreating from fresh records Monday, even as quarterly corporate results continued to come in strong. The Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +0.66% dipped 120 points, 0.4%, to open near 33,597, while the S&P 500 /zigman2/quotes/210599714/realtime SPX +0.74% lost 11 points, 0.3%, and started trading near 4,153. The Nasdaq Composite /zigman2/quotes/210598365/realtime COMP +0.88% shed 11 points,0.1%, and traded near 13,904. Stock-market bellwethers like International Business Machines Corp. /zigman2/quotes/203856914/composite IBM -0.90% and Johnson & Johnson /zigman2/quotes/201724570/composite JNJ +0.45% both beat analyst expectations. IBM shares were nearly 3% higher after the bell, while Johnson & Johnson share dipped.

/zigman2/quotes/210598065/realtime
US : Dow Jones Global
34,777.76
+229.23 +0.66%
Volume: 311.63M
May 7, 2021 5:15p
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/zigman2/quotes/210599714/realtime
US : S&P US
4,232.60
+30.98 +0.74%
Volume: 2.05B
May 7, 2021 5:15p
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/zigman2/quotes/210598365/realtime
US : Nasdaq
13,752.24
+119.39 +0.88%
Volume: 3.97M
May 7, 2021 5:16p
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/zigman2/quotes/203856914/composite
US : U.S.: NYSE
$ 145.46
-1.32 -0.90%
Volume: 7.00M
May 7, 2021 4:00p
P/E Ratio
24.32
Dividend Yield
4.51%
Market Cap
$132.62 billion
Rev. per Employee
$196,163
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/zigman2/quotes/201724570/composite
US : U.S.: NYSE
$ 168.50
+0.76 +0.45%
Volume: 5.32M
May 7, 2021 4:00p
P/E Ratio
29.76
Dividend Yield
2.52%
Market Cap
$441.73 billion
Rev. per Employee
$613,918
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