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Stock market today: Dow, S&P 500 slip, Nasdaq wavers with flood of earnings ahead

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

Stocks slipped on Monday as the 10-year Treasury yield rose and 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 almost 0.3%, coming off a fresh all-time closing high and a sixth weekly win in a row. The Dow Jones Industrial Average edged almost 0.7% lower, while the tech-heavy Nasdaq Composite hovered near the flatline.

Investors are on edge for Tesla's report on Wednesday, after its robotaxi unveiling fell short of expectations. 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.

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