U.S. stocks ended mixed on Monday as Wall Street braced for a packed week of big-name earnings and key economic data. The S&P 500 rose about 0.1% and the Dow Jones Industrial Average gained 0.3%, with both indexes posting their fifth straight session of gains, while the Nasdaq 100 fell 0.1%, weighed down by early losses before a late-session rebound in Big Tech. Investors remain focused on upcoming quarterly results from Amazon, Apple, Meta Platforms and Microsoft, as well as signs of how President Trump's sweeping tariffs are affecting the company's outlook. While earnings have largely beaten expectations, uncertainty over the tariffs has prompted many companies to lower guidance for the second quarter. Meanwhile, Treasury Secretary Scott Bessent reiterated that it is "up to China" to ease trade tensions, while hinting at progress on other trade fronts. Key reports on GDP, inflation and jobs due later this week are expected to provide fresh insight into the economic outlook. (Newsmaker23)
Source: Trading Economics
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