S&P 500 reaches all-time high, but gains limited ahead of big earnings

reached an all-time high on Monday, but the session's gains were kept in check as investors braced for a busy week including a flurry of corporate earnings reports, economic data and an announcement from the Federal Reserve.

About 150 S&P 500 companies are scheduled to release their quarterly results this week, including Apple, General Electric and Qualcomm.Earlier on Monday, Restaurant Brands reported weaker-than-expected earnings after a surprise drop in Tim Hortons sales, sending its shares down 22%. Spotify Technology posted a bigger-than-forecast loss, offsetting news that it reached 100 million subscribers for its premium service. Shares of Spotify fell 0.1%.

Strong corporate reports helped push the S&P 500 and Nasdaq up by 0.9% and 1.9%, respectively, last week. On the data front, April's nonfarm payrolls report is scheduled for release Friday along with international trade numbers. Factory orders, construction spending and consumer confidence data are all due for release this week.

ClosingBell Most Well Come 🙏 New York Stock Exchanges Every Company Oil Unit Salaam walekum and S&P 500 Unit Everybody Bast Of Luck

ClosingBell Should be at about 28,000 to be in line

The stock market was higher at the beginning of 2018. We are barely even with where we were about a year ago. Just on the face of it. Nasdaq went up by one tenth of one percent. And we are supposed to be impressed?

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