Stocks bounced between gains and losses on Monday to start the week, as traders weighed the latest quarterly earnings reports and awaited key U.S. inflation data. The Dow ended flat. The S&P 500 fell 0.37%. The Nasdaq was down 0.58%.
Stocks slipped on Monday to start the week, as traders weighed the latest quarterly earnings reports and awaited key U.S. inflation data.
Quarterly results were again a source of volatility for stocks on Monday. Tyson Foods gained more than 12% after beating earnings expectations, while medical device stock Zimmer Biomet fell 9% after its report. So far 56% of S&P 500 companies have posted quarterly earnings, with 77% beating earnings estimates and 76% topping revenue expectations, according to FactSet. However, there have been some disappointing results from high profile company, including Facebook-parent Meta, that have sparked major pullbacks for some stocks.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
How 500-Pound Bobsleds Got Halfway Around The World For The OlympicsEven in the best of times, transporting bobsleds isn’t easy, but the international shipping crisis made the process more difficult—and more expensive.
Read more »
How 500-Pound Bobsleds Got Halfway Around The World For The OlympicsEven in the best of times, transporting bobsleds isn’t easy, but the international shipping crisis made the process more difficult—and more expensive.
Read more »
Stock futures are flat after S&P 500 posts best week of the yearU.S. stock index futures were little changed during overnight trading on Sunday.
Read more »
S\u0026P 500 Forecast: Another Wild DayThe S\u0026P 500 fell significantly on Friday as we awaited the jobs report after initially gapping higher.
Read more »
7 indie romcoms that aren't 500 Days of SummerThank you for your service Zooey Deschanel, but here's some fresh alternatives.
Read more »
Facebook is one of only four companies in the S&P 500 to make this remarkable achievement over the past 10 years — and its stock is already cheapFacebook holding company Meta Platforms had a rough fourth-quarter earnings report, but there are silver linings as the company begins a multiyear transition.
Read more »