Tech stocks keep stock market mostly buoyant; Boeing’s shares weigh on the Dow

U.S. stocks edge upward ahead of earnings deluge

Most stock-market indexes rose Monday morning, as investors adjusted expectations around a widely anticipated rate cut by the Federal Reserve at the end of the month and braced for a deluge of corporate results after a strong start to earnings season.

What’s driving the market? After a strong start to earnings season last week, investors will see results from 144 S&P 500 companies and a third of Dow components this week. Shares of energy services firm Haliburton Co. HAL, +5.54% rose 6.8%, after the company reported second-quarter profit that topped expectations. Heavyweights due to report in the week ahead include Facebook Inc. FB, +0.97% Coca-Cola Co. KO, -0.33% Caterpillar Inc. CAT, -1.06% and McDonald’s Corp. MCD, +0.

See: Iran seizes British-flagged oil tanker — here’s what you need to know about the Strait of Hormuz Which stocks are in focus? Equifax Inc. EFX, +0.60% came to a $700 million settlement with federal regulators and U.S. states related to a 2017 data breach that exposed the personal data of nearly 150 million Americans. Shares rose 2.1% in early trade Monday.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

MarketWatch /  🏆 3. in US

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.

Tech Rally Powers Record Gains for StocksThe biggest technology companies are propelling major U.S. indexes’ record run, highlighting investor enthusiasm for the hottest stock sector as economic growth softens.
Read more »

Analysts urge caution as stocks on Shanghai's new Nasdaq-style tech board surgeThe first tranche of companies on China's latest Nasdaq-style tech board started trading on Monday, with all the stocks seeing strong gains on their public debut, though some are cautioning against jumping headlong into the action.
Read more »

18 Women on Their Go-To Work Outfits for Summer DaysStart-up moguls, fashion execs, and tech entrepreneurs weigh in.
Read more »

Oil rising; China's new tech market; Flat beerHere's what you need to know about the markets before you start your business day.
Read more »

Toyota fetches new way to use AI, self-drive tech in Tokyo GamesMiniature remote controlled cars have proved to be a crowd pleaser at track and ...
Read more »