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- US stocks are trading lower on Tuesday as investors brace for more earnings reports.
- Tech giants Alphabet and Microsoft are set to release results after the closing bell.
- The Google parent company has missed Wall Street forecasts for the past four quarters.
US stocks traded lower on Tuesday as investors look ahead to earnings results from mega-cap tech companies.
Major laggards include First Republic Bank, which plunged 28% Tuesday morning after reporting quarterly results that showed the regional bank's deposits declined by 40% in the first three months of 2023, accelerated by the widespread banking sector chaos stemming from the fall of Silicon Valley Bank.