Early Update – Mega Caps Getting Hit After Earnings, Despite Sharply Lower Yields

11:41 a.m. ET The market opened mostly lower. The S&P 500 and NASDAQ are pinned in negative territory by losses in heavily-weighted stocks that reported earnings like Microsoft (MSFT -1.3%), Alphabet (GOOG -6.1%), and Advanced Micro (AMD -3%).  The broader market is holding up okay, though, as evidenced by a fractional gain in the Dow…