[Breaking] Mixed New York Stock Market Awaiting Big Tech Earnings... Nasdaq Down 0.29%
The three major indices of the U.S. New York Stock Exchange closed mixed near the flat line on Monday, the 24th (local time), as investors awaited the upcoming earnings reports from big tech companies and economic indicators scheduled for this week.
On this day, the Dow Jones Industrial Average rose 0.2% from the previous session to close the trading. The S&P 500, which is centered on large-cap stocks, increased by 0.09%. In contrast, the tech-heavy Nasdaq index closed down 0.29%.
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This week, leading big tech companies such as Microsoft (MS), Amazon, Google Alphabet, and Meta Platforms are set to release their earnings reports one after another. The Federal Reserve's preferred inflation gauge, the March Personal Consumption Expenditures (PCE) Price Index, along with growth rate announcements, are also scheduled.
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