Wall St stocks advance with major corporate earnings in view after market rout

NEW YORK -Wall Street stocks advanced on Monday following a market sell-off in previous sessions as investors eyed a busy week for quarterly results from key companies that would provide a glimpse of the U.S. economy's health.

All 11 S&P 500 sectors were trading higher, with technology and financial stocks leading gains, up between 1.70% and 1.78%. Markets were gearing up for quarterly results from megacap companies this week, including some of the so-called Magnificent Seven stocks such as Tesla . "I think it's just standard buy-on-the-dip after a 5% pullback that kind of wakes people up to put money to work," said Lamar Villere, portfolio manager at Villere & Co in New Orleans.

The S&P 500 posted 9 new 52-week highs and 4 new lows while the Nasdaq recorded 33 new highs and 169 new lows.Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events.

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