S&P 500, Nasdaq Down After Mixed Results; Meta Weighs

A trader works, as Federal Reserve Chair Jerome Powell is seen delivering remarks on screens, on the floor of the New York Stock Exchange (NYSE) in New York, on Jan. 26, 2022. Brendan McDermid/Reuters

The S&P 500 and the Nasdaq opened lower on Tuesday as mixed earnings and fresh declines in shares of Meta Platforms added to jitters ahead of inflation data this week that could offer clues on the U.S. Federal Reserve’s path of interest rates.

The Dow Jones Industrial Average rose 69.55 points, or 0.20 percent, at the open to 35,160.68. The S&P 500 opened lower by 3.85 points, or 0.09 percent, at 4,480.02, while the Nasdaq Composite dropped 31.24 points, or 0.22 percent, to 13,984.43 at the opening bell.