Investors on Wednesday are looking to see if equities can hit more record highs as the first of the Magnificent Seven stocks --- Tesla --- delivers earnings later in the day.

The U.S. markets are now open, with stocks trading mostly flat. The Dow (+0.09%) and S&P 500 (+0.04%) are up just a few bips, while the Nasdaq (-0.05%) is declining. In small cap land, the Russell 2000 (-0.51%) is pulling back from a nearly 2% run yesterday; Gold is also erasing its fantastical gains from yesterday.

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