Wall Street opens little changed on Tuesday

Major equity indexes in the U.S. started day mixed on Tuesday after posting large losses yesterday. As of writing, the Dow Jones Industrial Average and the S&P 500 were down 0.1% and 0.05%, respectively, while the Nasdaq Composite was virtually unchanged on the day at 7,150 points. 

Among the 11 major S&P 500 sectors, consumer discretionary and communication services are both adding around 0.3% to lead the gains. On the other hand, despite the rebound witnessed in the Treasury bond yields, the rate-sensitive S&P 500 Financials index is losing 0.7% on the day. Comments from Dallas Fed President Robert Kaplan, who said that he would not back away from strong bank stress testing, seem to be hurting the sector in the early trade.