Dow Jones lags as Q3 earnings season accelerates

fr.investing.com (French) —

The Dow Jones fell 0.07% to 51,966.03 points on Monday, while the S&P 500 rose 0.41% and the Nasdaq jumped 1.11%, driven by a rebound in tech stocks. Amazon led gains at 4.98%, while JPMorgan fell 1.82%. The rebound was narrow, with 19 of 30 Dow components closing lower and the equal-weighted S&P 500 dropping 0.32%. Financials weighed on the Dow, while the 10-year Treasury yield climbed to 5.15% and WTI oil rose over 2% after Houthi attacks on Saudi infrastructure. Markets price an 82.8% chance the Fed holds rates on October 28. About 70 S&P 500 companies report earnings this week, including General Motors, Netflix, Tesla, Meta, and IBM. Futures pointed to a positive open Tuesday.


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