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Stock market today: Dow, S&P 500, Nasdaq diverge with Alphabet, Tesla earnings on deck

Major U.S. stock indexes are diverging as investors exercise caution ahead of critical earnings reports from Alphabet and Tesla.

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10730Jul 22 17:29Jul 22 20:29 UTC

The brief

The Dow and S&P 500 have ticked higher while the Nasdaq has slipped. This mixed performance occurs as market participants prepare for upcoming Big Tech earnings, specifically from Alphabet and Tesla.

Coverage from Bloomberg, Investopedia, and The Detroit News emphasizes a climate of building caution. Reports also note a jump in oil prices and a rise in Treasury yields accompanying the market volatility.

Attention is now focused on the results from Alphabet and Tesla. Bloomberg specifically suggests monitoring for potential stock falls prior to the release of Alphabet's results.

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Quick answers

Which indexes are currently diverging?

The Dow and S&P 500 are ticking higher, while the Nasdaq is slipping.

Which companies' earnings are driving market caution?

The market is reacting to upcoming earnings reports from Alphabet and Tesla.

What other economic indicators are moving?

According to Investopedia and Bloomberg, oil prices have jumped and Treasury yields have risen.

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