News Formal

Stock market today: Nasdaq leads stocks lower with rush of earnings ahead

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 25 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 63%

Nasdaq Composite News

American Airlines

Investors are bracing for a packed week of top-tier earnings that could drive or drag on a record-setting rally.

Tech led US stocks slightly lower on Monday as investors braced for a packed week of top-tier earnings that could drive or drag on a record-setting rally. The S&P 500 dropped roughly 0.1%, coming off a fresh all-time closing high and a sixth weekly win in a row. The Dow Jones Industrial Average edged almost 0.1% lower, while the tech-heavy Nasdaq Composite also shed 0.1%. Whether records keep rolling in rides in large part on corporate results in the coming days.

The EV maker is the highlight of the week amid questions about Big Tech performance, even after Netflix's strong kickoff to the megacap season. General Motors , Coca-Cola , American Airlines , and UPS are among several other big hitters on the earnings docket this week. Boeing faces a double-whammy on Wednesday, when it's expected to release earnings at the same time workers vote on whether to accept a tentative deal agreed with the union to end a five-week strike.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock market today: Nasdaq leads stock declines while oil spikes on Iran attackUS stocks sold off on Tuesday after Iran fired over 100 ballistic missiles against Israel.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: Dow, S&P 500, Nasdaq jump as TSMC outlook prompts chip stock rallyA monthly report on retail sales could provide clues to whether the Fed will go for 'no cut' at its next meeting.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: Nasdaq, S&P 500 step higher as Netflix jumps after earnings beatThe major gauges are on track for a sixth weekly win in a row after a strong start to earnings season.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: Dow, S&P 500, Nasdaq slip after hotter-than-expected inflation printInvestors are looking to the latest reading on CPI consumer inflation to set expectations for the path of interest rates.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »