Dow slips 100 points; Morgan Stanley’s earnings in focus

One thing to watch during another round of bank earnings: Rising interest rates left companies with losses and aided Silicon Valley Bank’s collapse. Now falling bond yields are helping to reduce these losses. Read more from the Journal’s Ben Eisen here.

After a volatile first quarter, April has been quieter for major stock indices. In the last trade, all three major indexes went down. The tech-heavy Nasdaq lagged its peers in early trade, dragged down by shares of Tesla, which reports after the closing bell.

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