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S&P 500, Nasdaq Post New Highs As Amazon And Tesla Rise On ‘Monster’ Earnings Expectations

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Roughly 40% companies in the S&P 500 are set to report quarterly results this week.

Meanwhile, shares of Apple, which reports earnings late Wednesday, climbed 0.3% after the iPhone-maker announced it's$430 billion in the U.S. over the next five years to create 20,000 new jobs and fund a new campus and engineering hub in North Carolina's Research Triangle area.

According to Bank of America, this week of earnings will be the season's busiest, with roughly 40% of companies in the S&P reporting quarterly results—including Microsoft, Starbucks and GE on Tuesday; eBay, Facebook and Spotify on Wednesday and then Amazon and Twitter Thursday.

 

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S&P 500, Nasdaq see record finish as investors brace for heavy earnings weekStocks ended mostly higher Monday, with the S&P 500 and Nasdaq Composite each finishing at records. The Dow Jones Industrial Average bucked the trend, slipping around 62 points, or 0.2%, to finish near 33,982, according to preliminary figures: What about AMC? Learn to trade the volatility from transparent traders here
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