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The decline on Monday comes as third-quarter earnings season nears its peak, with more than 100 S&P 500 companies set to report results this week, including Coca-Cola, Tesla, Boeing, and UPS.
US stocks hit record highs on Monday as investors get ready for a wave of earnings reports. Over 80 S&P 500 companies, including Netflix and Goldman Sachs, report earnings this week.
There are five mega-cap tech giants worth a combined $12 trillion set to report third-quarter earnings this week. ... Stock market today: US stocks jump ahead of crucial week of earnings and data.
The S&P 500 ended higher for the first time this week as Tesla surged 21% after posting a strong earnings beat. ... Stock market today: S&P 500 snaps 3-day losing streak as Tesla surges 22%.
The Nasdaq hit a new record, but the S&P 500 and the Dow ended a multi-week rally. Mega-cap tech earnings will be in the spotlight next week.
While Kantrowitz's research shows 2024 full-year earnings estimates for the S&P 500 have increased over the last 90 days, earnings estimates for the small-cap S&P 600 index have been falling.