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U.S. stocks ended mostly higher on Monday, with tech stocks leading the gains as investors looked ahead to earnings from major tech companies, including Tesla and Google’s parent Alphabet, due later this week.
The Dow Jones Industrial Average went down 19.12 points or 0.04% to end at 44,323.07, marking back-to-back losses, according to the Dow Jones Market Data.
The S&P 500 went up 8.81 points or 0.1% to end at 6,305.60, a record close. It is the index's 10th record close of the year.
The Nasdaq Composite rose 78.52 points or 0.4% to finish at 20,974.17, also closing at a record and marking its sixth consecutive daily gain. It is the index's 12th record close of the year.
U.S. stocks kicked off trade Monday with modest gains ahead of earnings from crucial tech players later this week as traders also kept an eye on tensions between the White House and the Federal Reserve and continued to monitor trade negotiations.
"Big banks kicked off earnings season on a mostly positive note last week, but tech and AI enthusiasm played a bigger role in helping some of the major indexes tag more record highs," said Chris Larkin, managing director for trading and investing at E-Trade from Morgan Stanley, in a note. The Nasdaq ended Friday at a record, while the S&P 500 notched a record finish on Thursday.
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WASHINGTON (Reuters) – American companies unveiled a series of significant AI and energy investment...
Oklahoma’s largest oil and gas operators are lining up to claim a new $50...
By Felicity Bradstock for Oilprice.com| Many countries need to invest heavily in upgrading their...
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Baker Hughes, Hunt Energy, and Argent LNG are forming a partnership to create a...
Merger and acquisition activity in the U.S. upstream oil and gas sector slowed significantly...
By Felicity Bradstock for Oilprice.com | The United Nations Development Programme (UNDP) and the...
Yuka Obayashi and Katya Golubkova | TOKYO (Reuters) -U.S. President Donald Trump said on...
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