Stocks eased below breakeven soon after Monday’s open, ahead of a busy week of earnings reports from technology’s heaviest hitters.
The Dow Jones Industrials stepped back 91.65 points to open the week’s first session at 34,969.90, after four straight days of gains
The S&P 500 slid 4.59 points to 4,407.20
The NASDAQ gained 16.17 points to 14,853.16.
One of the busiest weeks of earnings reports is on deck, with Tesla kicking it off after the closing bell. Last week, CEO Elon Musk said the automaker would likely start accepting bitcoin for vehicle purchases again.
Big tech giants Apple, Alphabet and Microsoft are all set to report on Tuesday, and Google, Facebook, and Amazon will also report later in the week.
The second-quarter reporting season has been stronger than expected, providing a support for equities as they climb back into record-high territory. So far, 88% of S&P 500 companies have reported … Read more