Stocks waver after BofA, Goldman Sachs earnings: Stock market news today

U.S. stocks wavered Tuesday amid another busy slate of earnings from companies such as Bank of America and Goldman Sachs.

The S&P 500 (^GSPC) ticked up above the flatline, while the Dow Jones Industrial Average (^DJI) edged down below the flatline. The technology-heavy Nasdaq Composite (^IXIC) slipped down to 0.11% at 2:42 PM ET.

Government bonds were mixed. The yield on the 10-year note slid to 3.581%, while the 2-year note yields rose to 4.218% Tuesday morning.

As earnings season kicks into full gear this week, the headliners Tuesday morning were the big banks. Bank of America (BAC) posted better-than-expected first-quarter earnings results on the back of higher borrowing costs and rates. The stock edged up by nearly 1% at the open.

Meanwhile, Goldman Sachs (GS) reported a miss on quarterly revenue estimates, hurt by a slowdown in deal-making and offloading a chunk of its Marcus personal loan portfolio. The stock dropped over 3% Tuesday morning.

Bank of New York Mellon (BK) beat…

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