Stocks roll over as investors wonder if this earnings season is perhaps as good as it can get.
Summary: US indices opened lower as investors sifted through another cascade of corporate earnings reports that highlighted managements’ capabilities to largely offset supply-side cost pressures. The US dollar firmed along with continued upside pressure in most commodity markets. Bond prices firmed up as equity markets came under pressure. The VIX popped above 20 for the first time in more than a month.