Wall Street stocks were trading slightly higher early on Monday as market participants prepped for a week full of big tech earnings.
As of 1520 BST, the Dow Jones Industrial Average was up 0.15% at 35,730.38, while the S&P 500 was 0.16% firmer at 4,552.16 and the Nasdaq Composite came out the gate 0.33% stronger at 15,140.65.
The Dow opened 53.36 points higher on Monday, adding to the index’s record close on Friday following a week of strong corporate earnings.
In the corporate space, Burger King parent Restaurant Brands beat on earnings in its latest trading quarter but warned that labour challenges had weighed on sales, while consumer products business Kimberley-Clark quarterly figures fell short of expectations as supply chain issues impacted sales.
Still to come, Facebook will report after the close, while Alphabet, Microsoft, Amazon, Caterpillar, Coca-Cola, Boeing, McDonald’s and Apple will all post earnings this week.
Energy stocks also opened higher on Monday after West Texas Intermediate crude futures hit $85.0 per barrel, with Exxon Mobil and Diamondback Energy both rising more than 1%.
On the macro front, the Chicago Federal Reserve’s national activity index fell into negative territory in September, dropping to -0.13 last month from August’s print of 0.05.
Still to come, October’s Dallas Fed manufacturing index will follow at 1530 BST.
Dow Jones – Risers
Chevron Corp. (CVX) $114.00 1.06%
Walgreens Boots Alliance, Inc. (WBA) $49.51 1.04%
Dow Chemical Co. (DOW) $59.00 1.03%
Visa Inc. (V) $233.40 0.94%
Goldman Sachs Group Inc. (GS) $417.66 0.81%
International Business Machines Corporation (CDI) (IBM) $128.55 0.53%
Intel Corp. (INTC) $49.70 0.49%
Walt Disney Co. (DIS) $170.25 0.49%
Unitedhealth Group Inc. (UNH) $451.14 0.44%
Cisco Systems Inc. (CSCO) $55.31 0.37%
Dow Jones – Fallers
American Express Co. (AXP) $184.92 -1.15%
Procter & Gamble Co. (PG) $139.72 -0.79%
Coca-Cola Co. (KO) $54.03 -0.76%
Johnson & Johnson (JNJ) $162.79 -0.57%
Microsoft Corp. (MSFT) $307.48 -0.54%
Merck & Co. Inc. (MRK) $80.79 -0.44%
Boeing Co. (BA) $212.03 -0.44%
McDonald’s Corp. (MCD) $237.71 -0.30%
3M Co. (MMM) $180.41 -0.22%
Apple Inc. (AAPL) $148.37 -0.22%
S&P 500 – Risers
Paypal Holdings Inc (PYPL) $252.37 4.98%
Occidental Petroleum Corp. (OXY) $35.50 4.63%
Marathon Oil Corp. (MRO) $17.25 4.01%
Coterra Energy Inc. (CTRA) $22.13 3.95%
FMC Technologies Inc. (FTI) $7.98 3.50%
Micron Technology Inc. (MU) $69.60 3.10%
ConocoPhillips (COP) $77.82 2.77%
Eog Resources Inc. (EOG) $94.55 2.77%
Apache Corp. (APA) $28.44 2.75%
Halliburton Co. (HAL) $26.57 2.63%
S&P 500 – Fallers
Kimberly-Clark Corp. (KMB) $127.71 -4.01%
Henry Schein Inc. (HSIC) $78.04 -2.32%
Ball Corp (BLL) $90.36 -2.00%
Mattel Inc. (MAT) $20.07 -1.88%
Nasdaq Inc (NDAQ) $198.02 -1.83%
Coty Inc. Class A (COTY) $7.94 -1.73%
Whirlpool Corp. (WHR) $209.90 -1.66%
Carnival Corp. (CCL) $21.92 -1.66%
Invesco Ltd. (IVZ) $24.71 -1.63%
Church Dwight Co Inc. (CHD) $83.31 -1.62%
Nasdaq 100 – Risers
Paypal Holdings Inc (PYPL) $252.37 4.98%
Tesla Inc (TSLA) $953.00 4.76%
Micron Technology Inc. (MU) $69.60 3.10%
Mercadolibre Inc. (MELI) $1,546.09 2.81%
J.B. Hunt Transport Services Inc. (JBHT) $199.33 1.88%
Activision Blizzard Inc. (ATVI) $80.51 1.56%
Electronic Arts Inc. (EA) $143.12 1.45%
Ross Stores Inc. (ROST) $111.82 1.29%
Walgreens Boots Alliance, Inc. (WBA) $49.51 1.04%
Broadcom Inc. (AVGO) $520.34 0.96%
Nasdaq 100 – Fallers
Trip.com Group Limited (TCOM) $28.52 -6.31%
Henry Schein Inc. (HSIC) $78.04 -2.32%
Baidu Inc. (BIDU) $174.09 -2.00%
DENTSPLY Sirona Inc. (XRAY) $57.72 -1.00%
Charter Communications Inc. (CHTR) $724.15 -0.93%
Monster Beverage Corp (MNST) $84.07 -0.78%
Hologic Inc. (HOLX) $73.04 -0.77%
Citrix Systems Inc. (CTXS) $99.15 -0.74%
Verisk Analytics Inc. (VRSK) $212.39 -0.73%
Starbucks Corp. (SBUX) $113.77 -0.68%
