NEW YORK, Oct 14 - U.S. stocks were led higher by tech while crude prices dipped on Monday as investors, amid light Columbus Day trading, looked to promised Chinese stimulus and girded themselves for a string of high-profile corporate earnings.
Oil prices dipped and the dollar was flat as dour news from China stoked fears of softening global demand. "China is having economic difficulties," Stovall added."Oil prices are another indication of lack of confidence that China will be able to pull itself up by its own boot straps, primarily because the stimulus details are so sketchy."
High profile earnings on tap for the rest of the week include Bank of America , Citigroup , Goldman Sachs , Morgan Stanley , Netflix , along with a host of healthcare and industrial names.
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