The Nasdaq Composite (^IXIC) holds just above its flatline, while the Dow Jones Industrial Average (^DJI) and S&P 500 (^GSPC) slip lower at the market open. Magnificent Seven member Alphabet (GOOG, GOOGL) blew past earnings estimates as Big Tech peers Microsoft (MSFT) and Meta Platforms (META) prepare to unveil earnings after Wednesday's closing bell.

Morning Brief's Brad Smith and Yahoo Finance markets and data editor Jared Blikre monitor the morning moves in the major market indexes, checking out the action surrounding Treasury yields (^TYX, ^TNX, ^FVX), Alphabet, Eli Lilly (LLY), and gold prices (GC=F).

To watch more expert insights and analysis on the latest market action, check out more Morning Brief here.

This post was written by Luke Carberry Mogan.