US close: Stocks delivered mixed performance as traders await tech earnings
Wall Street stocks delivered a mixed performance on Monday as traders braced for another earnings-heavy week.
At the close, the Dow Jones Industrial Average was up 0.20% at 33,875.40, while the S&P 500 advanced 0.09% to 4,137.04 and the Nasdaq Composite saw out the session 0.29% weaker at 12,037.20.
The Dow closed 66.44 points higher on Monday, building on modest gains recorded in the previous session.
Earnings were in focus yet again on Monday, famous fizzy drinks maker Coca-Cola beat first-quarter profit and revenue forecasts driven by high demand and price rises, while Credit Suisse posted a $68.0bn drop in assets for the last quarter.
Whitegoods giant Whirlpool reported a quarterly loss of $179.0m after the close as it beat revenue estimates.
Market participants also looked ahead to big-name tech earnings later in the week, with Alphabet, Microsoft, Amazon and Meta all set to announce their first-quarter numbers before the end of the week.
On the macro front, the Chicago Federal Reserve's national activity index fell to -31.3 in April, down from -23.2 in March for its lowest reading since May 2020 and an eighth consecutive negative reading.
On a similar note, the Dallas Fed's manufacturing index declined to -23.4 in April, down from -15.7 in March - its lowest reading in nine months and below expectations for a reading of -14.6.
Reporting by Iain Gilbert at Sharecast.com
Dow Jones - Risers
Caterpillar Inc. (CAT) $223.43 1.43%
Chevron Corp. (CVX) $171.48 1.40%
Nike Inc. (NKE) $127.09 1.24%
Unitedhealth Group Inc. (UNH) $488.94 1.06%
Dow Chemical Co. (DOW) $55.39 0.95%
Cisco Systems Inc. (CSCO) $47.39 0.77%
Walmart Inc. (WMT) $152.76 0.68%
Goldman Sachs Group Inc. (GS) $343.96 0.67%
Walgreens Boots Alliance, Inc. (WBA) $35.51 0.65%
Johnson & Johnson (JNJ) $163.68 0.61%
Dow Jones - Fallers
Intel Corp. (INTC) $29.66 -2.11%
Salesforce.Com Inc. (CRM) $194.92 -2.07%
American Express Co. (AXP) $160.59 -1.95%
Microsoft Corp. (MSFT) $281.77 -1.40%
Verizon Communications Inc. (VZ) $37.10 -0.59%
Visa Inc. (V) $232.76 -0.55%
International Business Machines Corporation (CDI) (IBM) $125.40 -0.26%
Travelers Company Inc. (TRV) $179.13 -0.21%
Coca-Cola Co. (KO) $63.95 -0.16%
Dowdupont Inc. (DWDP) $0.00 0.00%
S&P 500 - Risers
CenturyLink Inc. (LUMN) $2.42 8.52%
Albemarle Corp. (ALB) $183.96 5.88%
Medtronic Plc (MDT) $89.69 4.62%
Gap Inc. (GPS) $10.07 4.57%
FMC Technologies Inc. (FTI) $13.61 4.53%
Halliburton Co. (HAL) $34.47 3.20%
Helmerich & Payne Inc. (HP) $37.11 3.11%
Ford Motor Co. (F) $12.16 2.96%
United Rentals Inc. (URI) $383.61 2.94%
National Oilwell Varco Inc. (NOV) $18.80 2.84%
S&P 500 - Fallers
Nektar Therapeutics (NKTR) $0.81 -7.36%
Keycorp (KEY) $11.13 -3.97%
AT&T Inc. (T) $17.53 -3.79%
Zions Bancorporation (ZION) $28.27 -3.68%
Arconic Inc. (ARNC) $23.79 -2.82%
Micron Technology Inc. (MU) $59.51 -2.65%
Comerica Inc. (CMA) $42.64 -2.49%
US Bancorp (USB) $32.79 -2.18%
Coty Inc. Class A (COTY) $12.04 -2.11%
Intel Corp. (INTC) $29.66 -2.11%
Nasdaq 100 - Risers
Qurate Retail Inc. (QRTEA) $0.75 3.67%
Take-Two Interactive Software Inc. (TTWO) $127.79 2.24%
Align Technology Inc. (ALGN) $363.06 2.23%
Hologic Inc. (HOLX) $85.62 1.86%
eBay Inc. (EBAY) $43.86 1.74%
Dollar Tree Inc (DLTR) $153.48 1.64%
Idexx Laboratories Inc. (IDXX) $503.61 1.61%
Paychex Inc. (PAYX) $110.89 1.25%
Monster Beverage Corp (MNST) $53.70 1.19%
Ulta Salon, Cosmetics & Fragrance Inc. (ULTA) $547.27 1.11%
Nasdaq 100 - Fallers
JD.com, Inc. (JD) $34.68 -2.67%
Micron Technology Inc. (MU) $59.51 -2.65%
Trip.com Group Limited (TCOM) $35.79 -2.13%
Intel Corp. (INTC) $29.66 -2.11%
Baidu Inc. (BIDU) $122.62 -1.87%
Western Digital Corp. (WDC) $32.90 -1.61%
Sirius XM Holdings Inc (SIRI) $3.78 -1.56%
Tesla Inc (TSLA) $162.55 -1.53%
Comcast Corp. (CMCSA) $37.21 -1.40%
Microsoft Corp. (MSFT) $281.77 -1.40%