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Apple, Twitter, Twilio Shares Rise As Stocks Prep For Big Earnings Week Ahead

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Technology stocks are leading otherwise tepid gains on Monday, as they add back losses from early September.

Stocks are ticking up Monday morning as Wall Street turns attention away from fiscal stimulus and onto earnings seasons, which kicks off Tuesday with big banks reporting before the opening bell. Key Facts

The tech-heavy Nasdaq is up 1.4% Monday morning, while the Dow Jones Industrial Average ticked up 85 points, or .3%, at the opening bell, and the S&P 500 edged up .8%. Stocks outperforming the morning market include Twitter and Apple, which are up 4% and 3%, respectively, after analyst upgrades Monday morning.that the firm is acquiring customer data platform Segment in an all-stock deal worth $3.2 billion.

International markets are also seeing a fairly lukewarm trading day: As of market open, the United Kingdom's FTSE 100 is virtually flat for the day, while France's CAC 40 is up less than .8% and Japan's Nikkei 225 ended the day down roughly .3%. Earning season kicks off this week with most major banks set to report starting Tuesday; first up: JPMorgan and Citigroup before the opening bell.–also start reporting this week: Delta Airlines is scheduled for Tuesday and United Airlines reports Wednesday.

 

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