"Earnings Reports Cause Stock Market Wobble Today"

US stocks wobbled as the Dow looked to snap a six-day losing streak, with the S&P 500 and Nasdaq Composite falling about 0.2% after Federal Reserve chair Jerome Powell's comments on inflation. Bond yields remained at multi-month highs, and earnings reports flooded in before the bell, with UnitedHealth beating profit estimates and Bank of America reporting an 18% drop in first quarter profit. Additionally, new data showed a decline in new residential construction, and Live Nation's stock fell after reports of a potential antitrust lawsuit by the Department of Justice.