: U.S. stocks open lower as investors continue to digest company earnings

U.S. stocks opened lower Wednesday as investors weigh another batch of company earnings. The Dow Jones Industrial Average DJIA was down 0.4% soon after the opening bell, while the S&P 500 SPX fell 0.5% and the Nasdaq Composite COMP dropped 0.7%, according to FactSet data, at last check. On Wednesday, Morgan Stanley MS reported first-quarter earnings that beat estimates, while Ally Financial Inc. ALLY missed its first-quarter adjusted earnings target.

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