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U.S. Stocks Hover Near Their Latest Record in Mixed Trading on Wall Street
Tech stocks slipped as oil topped $106 a barrel and investors awaited bank results, with the S&P 500 nearly flat and the Nasdaq down 0.04%.
- On Monday, the S&P 500 and Nasdaq opened little changed as technology stocks faced pressure while oil prices hit two-week highs ahead of major bank earnings and inflation data due later in the week.
- Shares of quantum computing firm IonQ slipped 4.7 per cent after the company announced an all-stock deal to acquire cybersecurity firm Elisity, valued at up to $US1.3 billion.
- Salesforce rose 3.5 per cent after a BofA Global Research double upgrade to "buy," while Chipotle Mexican Grill dipped 3.0 per cent after Starbucks denied acquisition interest.
- Markets price in just a 19 per cent chance of a Federal Reserve rate hike this month, according to CME's FedWatch tool, as S&P 500 earnings are expected to soar 30.6 per cent in the third quarter.
- Major banks including Goldman Sachs, Citigroup, and JPMorgan Chase kick off earnings on Tuesday, while Brent crude futures rose above $US106 a barrel following deadly weekend strikes on Riyadh's international airport.
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14 Articles
14 Articles
On Wall Street, the Dow Jones reports an increase of 0.43 percent, reaching 51,876.16 points.
·Mexico
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The New York Stock Exchange evolves without clear direction on Monday, with investors remaining on guard for a week marked by the kick-off of the business performance season and the publication of inflation indices in the United States.
·Montreal, Canada
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The ColumbianReposted by 
Washington Times
Washington TimesU.S. stocks hover near their latest record in mixed trading on Wall Street
NEW YORK — Stocks kicked off a busy week on Monday with mixed trading on Wall Street that is keeping the market hovering around its all-time high.
·Vancouver, United States
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Total News Sources14
Leaning Left3Leaning Right4Center2Last UpdatedBias Distribution45% Right
Bias Distribution
- 45% of the sources lean Right
45% Right
L 33%
C 22%
R 45%
Factuality
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