Dow Rises, Nasdaq Slips as Earnings Week Starts — SkimNews
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- Dow rose while the Nasdaq slipped and the S&P 500 was little changed in mixed trading on Wall Street, with US stocks hovering near their latest record.
- Equities were mostly down intraday ahead of a big week of earnings led by big bank reports, while the bond market sat closed for the session.
Why it matters: Big bank earnings open the quarterly results season, and Wall Street enters the week with the S&P 500 near records and the bond market dark for the day. Bank commentary on the economic outlook will give investors their first major read of the cycle, setting the tone for the broader market.
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