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Tech stocks keep stock market mostly buoyant; Boeing’s shares weigh on the Dow

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U.S. stocks edge upward ahead of earnings deluge

Most stock-market indexes rose Monday morning, as investors adjusted expectations around a widely anticipated rate cut by the Federal Reserve at the end of the month and braced for a deluge of corporate results after a strong start to earnings season.

What’s driving the market? After a strong start to earnings season last week, investors will see results from 144 S&P 500 companies and a third of Dow components this week. Shares of energy services firm Haliburton Co. HAL, +5.54% rose 6.8%, after the company reported second-quarter profit that topped expectations. Heavyweights due to report in the week ahead include Facebook Inc. FB, +0.97% Coca-Cola Co. KO, -0.33% Caterpillar Inc. CAT, -1.06% and McDonald’s Corp. MCD, +0.

See: Iran seizes British-flagged oil tanker — here’s what you need to know about the Strait of Hormuz Which stocks are in focus? Equifax Inc. EFX, +0.60% came to a $700 million settlement with federal regulators and U.S. states related to a 2017 data breach that exposed the personal data of nearly 150 million Americans. Shares rose 2.1% in early trade Monday.

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