Posted 10/23/2023, 8:08:00 PM
Stocks Mixed as Tech Rallies Ahead of Earnings, Energy Drops on Chevron Deal
- Dow falls as energy stocks weigh; big tech earnings eyed
- Dow fell 0.6% or 190 points, S&P rose 0.3%, and Nasdaq fell 0.1%
- Treasury yields slip following recent multi-year highs
- Tech stocks rally ahead of big tech earnings from Microsoft, Alphabet, Meta, IBM, Amazon, Intel
- Chevron falls over 3%, weighing on energy sector after $53B deal to buy Hess
- Bitcoin jumps over 5% topping $31,000 on growing optimism for a spot Bitcoin ETF
