At eleven thirty-eight o'clock in the morning Eastern Time, the Dow Jones Industrial Average (.DJI) was up 87.80 points, or 0.23%, at 37,822.91.
The S&P 500 (.SPX) was down 6.53 points, or 0.13%, at 5,055.29, and the Nasdaq Composite (.IXIC) was down 8.89 points, or 0.06%, at 15,876.13.
After surpassing the profit estimates for the first quarter, Morgan Stanley (MS.N) opened a new tab that increased by 3.7%. This was attributable to the revival of investment banking.
The stock of Bank of America (BAC.N) fell by 3.9% after the company reported a decrease in its earnings for the first quarter. This was due to the fact that the company had set aside more money for the purpose of reducing its loans.
As a result of sales of Stelara, Johnson & Johnson (JNJ.N) experienced revenue that was lower than what analysts had anticipated for the first quarter.
After an internal memo that was accessed by Reuters showed that the electric vehicle manufacturer was cutting off more than 10% of its global workforce, Tesla (TSLA.O) had a decline of more than 5% during the most recent session.
On the New York Stock Exchange (NYSE), declining issues outperformed advancing issues by a ratio of 2.49-to-1, while on the Nasdaq, the ratio was 1.86-to-1.
While the S&P had one new 52-week high and seven new lows, the Nasdaq experienced 12 new highs and 272 new lows during the same time period.
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