U.S. stocks open slightly lower as investors weigh bank earnings, retail sales data

U.S. stocks opened lower Tuesday as investors weighed bank earnings and a report showing retail sales rose in June. The Dow Jones Industrial Average
DJIA,
+0.92%
slipped 0.1% soon after the opening bell, while the S&P 500
SPX,
+0.28%
dipped 0.1% and the Nasdaq Composite
COMP,
-0.17%
fell 0.2%, according to FactSet data, at last check. Retail sales in the U.S. rose 0.2% in June, while the rise in May was revised up to 0.5% from 0.3%, according to a report Tuesday from the U.S. Census Bureau. Economists polled by The Wall Street Journal were expecting retail sales to climb 0.5% in June. On the earnings front, Bank of America
BAC,
+4.08%
and Morgan Stanley
MS,
+6.45%
on Tuesday reported their second-quarter results.