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    US stocks open lower on mixed earnings, First Republic shares plunge

    Synopsis

    Dow falls 47.06 points, S&P 500 opens lower by 10.61 points and the Nasdaq Composite drops 68.40 points

    Wall Street sign outside the New York Stock ExchangeReuters
    Wall Street's main indexes opened lower on Tuesday following a mixed batch of earnings reports, while a plunge in deposits of regional lender First Republic Bank stoked concerns about the banking sector.

    The Dow Jones Industrial Average fell 47.06 points, or 0.14%, at the open to 33,828.34. The S&P 500 opened lower by 10.61 points, or 0.26%, at 4,126.43, while the Nasdaq Composite dropped 68.40 points, or 0.57%, to 11,968.81 at the opening bell.

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