US close: Stocks mixed as investors brace for earnings deluge, key inflation prints

(Sharecast News) - Major indices delivered a mixed performance on Monday as investors turned their attention to a heavy slate of earnings and fresh inflation data in the days ahead.

At the close, the Dow Jones Industrial Average was up 0.38% at 51,850.55, while the S&P 500 shed 0.06% to 7,807.24 and the Nasdaq Composite saw out the session 0.44% weaker at 27,245.90.

The Dow closed 195.60 points higher on Monday, extending gains recorded in the previous session after tech stocks rebounded as investors tried to shake off a volatile week marked by rising Treasury yields, firmer oil prices and a pullback in the AI trade.

Geopolitics were in focus on Monday after Donald Trump said over the weekend that he was considering joining Saudi Arabia in strikes against Tehranbacked Houthi forces in Yemen, following another deadly attack on Riyadh's international airport.

Trump also announced what he described as an "energy ceasefire" between Russia and Ukraine, though oil prices briefly dipped before reversing higher when Ukrainian president Volodymyr Zelenskyy said Moscow had already violated the agreement. West Texas Intermediate was last up 2.06% at $93.74 a barrel, while Brent gained 1.17% to $105.94 a barrel.

Market participants will now look towards thirdquarter earnings season, with results from the major US banks set to dominate the week, as Bank of America, Citigroup, Goldman Sachs, JPMorgan Chase, Morgan Stanley and Wells Fargo were all set to report before the end of the week.

While no major data points were released on Monday, traders were also awaiting September's consumer and producer price indexes, set to be released on Wednesday and Thursday, respectively.

Reporting by Iain Gilbert at Sharecast.com

Dow Jones - Risers

Verizon Communications Inc. (VZ) $42.78 2.71%

Microsoft Corp. (MSFT) $541.15 2.53%

Apple Inc. (AAPL) $340.97 2.47%

Salesforce.Com Inc. (CRM) $233.92 2.09%

Coca-Cola Co. (KO) $89.79 1.98%

Amgen Inc. (AMGN) $417.57 1.89%

Nike Inc. (NKE) $35.35 1.84%

Chevron Corp. (CVX) $215.00 1.42%

Procter & Gamble Co. (PG) $153.20 1.30%

American Express Co. (AXP) $311.53 1.09%

Dow Jones - Fallers

Intel Corp. (INTC) $101.35 -5.48%

Dow Chemical Co. (DOW) $28.12 -1.06%

Cisco Systems Inc. (CSCO) $115.34 -0.65%

Boeing Co. (BA) $189.50 -0.46%

Unitedhealth Group Inc. (UNH) $378.52 -0.21%

Goldman Sachs Group Inc. (GS) $893.95 -0.15%

Caterpillar Inc. (CAT) $799.37 -0.14%

Merck & Co. Inc. (MRK) $145.45 -0.10%

International Business Machines Corporation (CDI) (IBM) $227.02 -0.05%

Home Depot Inc. (HD) $290.62 -0.04%

S&P 500 - Risers

VF Corp. (VFC) $15.79 5.27%

Lamb Weston Holdings, Inc. (LW) $50.18 4.83%

Kohls Corp. (KSS) $21.17 4.03%

Medtronic Plc (MDT) $91.93 3.90%

Biogen Inc (BIIB) $229.41 3.57%

Meta Platforms Inc. (META) $742.96 3.43%

Zimmer Biomet Holdings Inc (ZBH) $92.17 3.40%

NetApp Inc. (NTAP) $239.18 3.07%

Constellation Brands Inc. Class A (STZ) $126.40 3.07%

Illumina Inc. (ILMN) $276.67 3.01%

S&P 500 - Fallers

Coterra Energy Inc. (CTRA) $32.56 -8.62%

Corning Inc. (GLW) $147.28 -6.00%

Intel Corp. (INTC) $101.35 -5.48%

KLA-Tencor Corp. (KLAC) $190.12 -5.38%

Micron Technology Inc. (MU) $989.04 -5.06%

Lam Research Corp. (LRCX) $309.56 -4.50%

Hewlett Packard Enterprise (HPE) $70.33 -4.26%

Advanced Micro Devices Inc. (AMD) $594.24 -4.15%

Chipotle Mexican Grill Inc. (CMG) $30.40 -3.77%

Copart Inc. (CPRT) $26.48 -3.76%

Nasdaq 100 - Risers

Biogen Inc (BIIB) $229.41 3.57%

Meta Platforms Inc. (META) $742.96 3.43%

Illumina Inc. (ILMN) $276.67 3.01%

eBay Inc. (EBAY) $114.65 2.77%

Microsoft Corp. (MSFT) $541.15 2.53%

Hasbro Inc (HAS) $94.73 2.49%

Apple Inc. (AAPL) $340.97 2.47%

Regeneron Pharmaceuticals Inc. (REGN) $762.81 2.46%

Gen Digital Inc. (GEN) $23.35 2.32%

Mondelez International Inc. (MDLZ) $61.79 2.27%

Nasdaq 100 - Fallers

Qvc Group Inc Series A (QVCGA) $0.34 -13.49%

Intel Corp. (INTC) $101.35 -5.48%

KLA-Tencor Corp. (KLAC) $190.12 -5.38%

Micron Technology Inc. (MU) $989.04 -5.06%

Lam Research Corp. (LRCX) $309.56 -4.50%

Asml Holdings N.V. (ASML) $1,750.24 -3.84%

Applied Materials Inc. (AMAT) $497.53 -3.62%

Charter Communications Inc. (CHTR) $102.48 -3.46%

Microchip Technology Inc. (MCHP) $73.83 -3.08%

Liberty Global plc Series C (LBTYK) $8.39 -2.95%