Stock market news live updates: Stocks rise as big earnings week begins

3 days ago Yahoo Finance

U.S. stocks gained Monday as investors braced for a jam-packed week of corporate earnings and contemplated the Federal Reserve's next rate move ahead of the central bank's meeting later this month. The S&P 500 (^GSPC) advanced 0.9%, while the Dow Jones Industrial Average (^DJI) added about 240 points, or 0.7%. Market giants including Microsoft (MSFT) and Tesla (TSLA) are scheduled to report results this week, along with dozens of other big names. History shows, however, that stocks are more inclined to rise in years when earnings fall than not. By the time earnings declines are in the books, stocks have moved higher in anticipation of the next earnings upcycle."
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