TECH - US Stocks Rise At Week's Start Tesla Rebounds SoFi Lucid Shine: What's Driving Markets Monday? | Benzinga
Wall Street witnessed slight gains at midday on Monday, with investors eagerly awaiting a series of critical earnings reports, the Federal Reserve’s meeting on Wednesday and the much-anticipated job market report this Friday.
This week’s significant tech earnings include reports from Microsoft Corp. (NYSE:MSFT), Alphabet Inc. (NASDAQ:GOOGL) (NASDAQ:GOOG) and Advanced Micro Devices Inc. (NASDAQ:AMD) on Tuesday, followed by Qualcomm Inc. (NASDAQ:QCOM) on Wednesday, and Apple Inc. (NASDAQ:AAPL) and Amazon.com Inc. (NASDAQ:AMZN) on Thursday.
Both the S&P 500 and Nasdaq 100 saw modest increases, rising by 0.1% and 0.3%, respectively, while the Dow Jones Industrial Average remained broadly steady. Small-cap stocks outperformed their large-cap counterparts, with the Russell 2000 Index climbing 0.5%.
Tesla Inc. (NASDAQ:TSLA) emerged as a notable performer among mega-cap stocks, rebounding 2.4% after a 12% decline last week.
In the bond market, Treasury yields ...