US close: Stocks mixed as traders await CPI reading, Q2 earnings
Updated : 21:14
Wall Street stocks turned in a mixed performance on Monday as investors prepared for the beginning of Q2 corporate earnings season later in the week.
At the close, the Dow Jones Industrial Average was down 0.08% at 39,344.79, while the S&P 500 advanced 0.10% to 5,572.85 and the Nasdaq Composite saw out the session 0.28% firmer at 18,403.74.
The Dow closed 31.08 points lower on Monday, taking a bite out of gains recorded in the previous session.
Market participants were patiently awaiting the release of earnings from a number of major US banks later in the week, as well as quarterly numbers from the likes of PepsiCo and Delta Air Lines.
June's consumer price index, slated for release on Thursday, will also draw much investor attention, as will last month's producer price index on Friday.
On the macro front for Monday, May consumer credit change figures will be published at 2000 BST.
In the corporate space, Morphic shares traded sharply higher after pharmaceutical giant Eli Lilly agreed to acquire the firm in a deal that values the farm at roughly $3.2bn, while Paramount Global stock was on the ascent after it reached a deal to merge with Skydance Media.
Reporting by Iain Gilbert at Sharecast.com
Dow Jones - Risers
Intel Corp. (INTC) $34.01 6.21%
Home Depot Inc. (HD) $339.24 1.39%
Travelers Company Inc. (TRV) $203.94 1.03%
Dow Chemical Co. (DOW) $52.76 1.02%
International Business Machines Corporation (CDI) (IBM) $177.43 0.80%
Procter & Gamble Co. (PG) $166.34 0.68%
Verizon Communications Inc. (VZ) $41.54 0.65%
Boeing Co. (BA) $185.95 0.61%
Apple Inc. (AAPL) $227.57 0.54%
Unitedhealth Group Inc. (UNH) $489.22 0.25%
Dow Jones - Fallers
Walgreens Boots Alliance, Inc. (WBA) $10.83 -3.82%
Nike Inc. (NKE) $73.11 -3.07%
Salesforce.Com Inc. (CRM) $258.27 -1.87%
Visa Inc. (V) $266.17 -1.55%
McDonald's Corp. (MCD) $247.39 -1.47%
Cisco Systems Inc. (CSCO) $46.04 -1.30%
Coca-Cola Co. (KO) $62.95 -1.27%
Johnson & Johnson (JNJ) $145.39 -0.74%
Walt Disney Co. (DIS) $97.36 -0.64%
Merck & Co. Inc. (MRK) $125.67 -0.62%
S&P 500 - Risers
Corning Inc. (GLW) $43.03 11.93%
Intel Corp. (INTC) $34.01 6.21%
Under Armour Inc. Class A (UAA) $6.80 6.17%
Under Armour, Inc. (UA) $6.61 5.33%
Ralph Lauren Corp (RL) $176.48 4.63%
Advanced Micro Devices Inc. (AMD) $178.76 3.99%
Tapestry Inc. (TPR) $41.74 3.97%
Norwegian Cruise Line Holdings Ltd (NCLH) $18.11 3.63%
Best Buy Co. Inc. (BBY) $85.34 3.51%
VF Corp. (VFC) $13.39 3.40%
S&P 500 - Fallers
Chipotle Mexican Grill Inc. (CMG) $59.15 -5.75%
Baxter International Inc. (BAX) $33.46 -4.15%
Walgreens Boots Alliance, Inc. (WBA) $10.83 -3.82%
Charter Communications Inc. (CHTR) $290.79 -3.64%
Macy's Inc. (M) $19.01 -3.21%
Nektar Therapeutics (NKTR) $1.25 -3.10%
Nike Inc. (NKE) $73.11 -3.07%
Valero Energy Corp. (VLO) $148.10 -3.06%
Lamb Weston Holdings, Inc. (LW) $80.07 -2.82%
Constellation Brands Inc. Class A (STZ) $253.11 -2.33%
Nasdaq 100 - Risers
Intel Corp. (INTC) $34.01 6.21%
Qurate Retail Inc. (QRTEA) $0.68 3.01%
Broadcom Inc. (AVGO) $1,747.29 2.58%
Align Technology Inc. (ALGN) $249.25 2.32%
Nvidia Corp. (NVDA) $128.34 2.00%
Western Digital Corp. (WDC) $78.50 1.72%
Regeneron Pharmaceuticals Inc. (REGN) $1,052.01 1.72%
Ulta Salon, Cosmetics & Fragrance Inc. (ULTA) $396.42 1.65%
Vertex Pharmaceuticals Inc. (VRTX) $482.16 1.60%
Booking Holdings Inc. (BKNG) $3,992.83 1.59%
Nasdaq 100 - Fallers
Sirius XM Holdings Inc (SIRI) $3.24 -12.53%
Walgreens Boots Alliance, Inc. (WBA) $10.83 -3.82%
Charter Communications Inc. (CHTR) $290.79 -3.64%
Starbucks Corp. (SBUX) $74.49 -2.06%
Meta Platforms Inc. (META) $529.20 -1.98%
Wynn Resorts Ltd. (WYNN) $85.23 -1.84%
Comcast Corp. (CMCSA) $37.34 -1.37%
Cisco Systems Inc. (CSCO) $46.04 -1.30%
Intuit Inc. (INTU) $660.25 -1.27%
Mondelez International Inc. (MDLZ) $66.13 -1.27%