Another weak open for the Nasdaq/US stocks

<p>The major stock indices are once again lower on the day. The broader S&amp;P and NASDAQ index are working on their 5th consecutive day to the downside. The NASDAQ has shed near another 100 points or -0.77%. This week, 4 of the "Magnificent 7" are announcing earnings ( Microsoft, Amazon, Meta, and Alphabet all on tap). </p><p> A snapshot of the market 8 minutes into the open is showing:</p><ul><li>Dow industrial average at -208.87 points or -0.63% at 32918.42</li><li>S&amp;P index -25.77 points or -0.61% at 4198.38</li><li>NASDAQ index -92.56 points or -0.71% at 12891.25.</li></ul><p>Speaking of the Magnificent 4 schedule for release this week:</p><ul><li>Microsoft is down -0.15%</li><li>Meta is down -0.12%</li><li>Alphabet is down -0.42%</li><li>Amazon is down -0.54%</li></ul><p>The full schedule of the big names announcing this week include:</p><p>Monday:</p><ul><li>Phillips*</li><li>Logitech</li></ul><p>Tuesday:</p><ul><li>Coca-Cola*</li><li>Verizon*</li><li>GE*</li><li>3M*</li><li>GM*</li><li>Microsoft</li><li>Alphabet</li><li>Visa</li><li>Texas Instruments</li></ul><p>Wednesday:</p><ul><li>Boeing*</li><li>T-Mobile*</li><li>Hilton*</li><li>General Dynamics*</li><li>Meta</li><li>IBM</li><li>servicenow</li></ul><p>Thursday:</p><ul><li>Altria*</li><li>Southwest*</li><li>Northrup Grumman*</li><li>Merck*</li><li>Amazon</li><li>Intel</li><li>Ford</li><li>Chipotle</li></ul><p>Friday:</p><ul><li>Exxon Mobil*</li><li>Chevron*</li><li>Phillips 66*</li><li>Colgate-Palmolive*</li></ul><p>In the US debt market, the yields are higher with the 10 year toying with the 5% level:</p><ul><li>2-year yield 5.109% +2.6 basis points</li><li>5-year yield 4.903% +4.2 basis points</li><li>10-year yield 4.973% +5.0 basis points</li><li>30 year yield 5.130% +4.5 basis points</li></ul>

This article was written by Greg Michalowski at www.forexlive.com.