Stocks slipped on Monday as 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 0.5% lower, while the tech-heavy Nasdaq Composite slipped 0.2%.
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. Boeing faces a double-whammy on Wednesday, when it's expected to release earnings at the same time workers vote on whether to accept a tentative deal agreed with the union to end a five-week strike.
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