Stocks Open Mixed After Apple Earnings Disappoint -- WSJ

By WSJ Staff

Stocks are mixed as Americans go to the polls Tuesday, in elections that will determine who controls Congress for the remainder of President Trump's term.

The Dow industrials are slipping while the Nasdaq is inching higher, in a tentative sign that a punishing tech selloff could have found a floor for now.

Even so, Apple shares are dipping after earnings from the world's most valuable company showed its growth machine slowing, dragged by a global memory-chip crunch. It joined a series of disappointing results from hyperscalers and other big names in the AI trade that have pushed the Nasdaq closer to correction territory.

Results from AMD Tuesday afternoon will give investors another read on how demand for AI chips is evolving.

Oil prices are falling, reversing course to extend Monday's losses after President Trump said the U.S. would stop paying military aid to Israel, and amid hopes of progress in Mideast negotiations.

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(END) Dow Jones Newswires

November 03, 2026 09:38 ET (14:38 GMT)