Traders work on the floor of the New York Stock Exchange (NYSE) on the first trading day of 2024 on Jan. 2, 2024 in New York City.
Spencer Platt | Getty Images
This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here.
What you need to know today
Big Tech earnings
The S&P 500 and the Nasdaq Composite closed lower on Tuesday as tech weighed on the two stock indexes and investors awaited quarterly earnings from megacaps Meta, Apple and Amazon later this week. The broad market index retreated 0.5%, while the Nasdaq Composite tumbled 1.28%. The Dow Jones Industrial Average, with less exposure to tech, gained 0.5%. Nvidia pulled back 7% and Microsoft fell 0.9% during the normal session before reporting earnings after the bell. Treasury yields slipped while gold climbed…
