US close: Dow Jones reverses Friday's losses
by Iain Gilbert · ShareCastWall Street stocks were in the green at the close of trading on Monday as market participants prepared for a week jam-packed with Q3 earnings.
At the close, the Dow Jones Industrial Average was up 0.65% at 42,387.57, while the S&P 500 advanced 0.27% to 5,823.52 and the Nasdaq Composite saw out the session 0.26% firmer at 18,567.19.
The Dow closed 273.17 points higher on Monday, reversing losses recorded in the previous session as the blue-chip index snapped a six-week winning streak.
Earnings were set to be in focus this week as five of the so-called "Magnificent Seven" will report quarterly numbers before the week is out, with figures due from Alphabet, Microsoft, Meta Platforms, Amazon and Apple.
Both 5 November's presidential election and news that weekend airstrikes by Israel against Iran had not targeted oil or nuclear facilities as initially feared also drew an amount of investor attention on Monday.
The yield on the benchmark 10-year Treasury note was also higher on Monday, up more than two basis points at 4.286%, while its two-year counterpart was over three basis points higher at 4.153%.
On the macro front, the Dallas Federal Reserve's manufacturing index rose to -3 in October, up from -9 in September, pointing to a mild contraction in the ongoing sequence of negative readings that started in May 2022. The production index shot up 18 points to +14.6, its highest reading in more than two years.
Reporting by Iain Gilbert at Sharecast.com
Dow Jones - Risers
3M Co. (MMM) $130.28 4.44%
Goldman Sachs Group Inc. (GS) $523.72 2.14%
Walgreens Boots Alliance, Inc. (WBA) $9.44 1.94%
American Express Co. (AXP) $271.47 1.54%
JP Morgan Chase & Co. (JPM) $225.50 1.43%
McDonald's Corp. (MCD) $296.79 1.43%
Walt Disney Co. (DIS) $96.20 1.23%
Caterpillar Inc. (CAT) $390.70 1.20%
Salesforce.Com Inc. (CRM) $293.75 1.14%
Intel Corp. (INTC) $22.92 1.06%
Dow Jones - Fallers
Boeing Co. (BA) $150.69 -2.79%
Cisco Systems Inc. (CSCO) $55.28 -0.83%
International Business Machines Corporation (CDI) (IBM) $212.91 -0.82%
Coca-Cola Co. (KO) $66.65 -0.37%
Microsoft Corp. (MSFT) $426.59 -0.36%
Chevron Corp. (CVX) $150.54 -0.18%
Dowdupont Inc. (DWDP) $0.00 0.00%
Amgen Inc. (AMGN) $317.17 0.06%
Nike Inc. (NKE) $78.91 0.08%
Unitedhealth Group Inc. (UNH) $565.24 0.12%
S&P 500 - Risers
Albemarle Corp. (ALB) $98.18 4.95%
Carnival Corp. (CCL) $21.92 4.83%
Hanesbrands Inc. (HBI) $7.26 4.60%
3M Co. (MMM) $130.28 4.44%
Nucor Corp. (NUE) $147.78 4.42%
Citigroup Inc. (C) $64.16 3.89%
Mattel Inc. (MAT) $19.72 3.79%
Bread Financial Holdings, Inc. (BFH) $51.26 3.79%
Genuine Parts Co. (GPC) $118.43 3.60%
Alaska Air Group Inc. (ALK) $47.10 3.43%
S&P 500 - Fallers
Apache Corp. (APA) $23.70 -4.51%
Centene Corp. (CNC) $61.65 -4.00%
Resmed Inc. (RMD) $246.69 -3.61%
Diamondback Energy Inc. (FANG) $178.19 -3.36%
Bath & Body Works, Inc. (BBWI) $29.51 -3.06%
Lam Research Corp. (LRCX) $75.45 -2.87%
Boeing Co. (BA) $150.69 -2.79%
Helmerich & Payne Inc. (HP) $33.71 -2.26%
National Oilwell Varco Inc. (NOV) $15.41 -2.10%
General Electric Co. (GE) $175.36 -2.09%
Nasdaq 100 - Risers
Trip.com Group Limited (TCOM) $65.07 5.21%
JD.com, Inc. (JD) $41.64 4.36%
Baidu Inc. (BIDU) $93.13 3.72%
American Airlines Group (AAL) $13.60 3.42%
Sirius XM Holdings Inc (SIRI) $27.03 2.39%
J.B. Hunt Transport Services Inc. (JBHT) $178.88 2.32%
Paypal Holdings Inc (PYPL) $83.59 2.31%
Walgreens Boots Alliance, Inc. (WBA) $9.44 1.94%
Biogen Inc (BIIB) $185.01 1.83%
Ulta Salon, Cosmetics & Fragrance Inc. (ULTA) $380.08 1.82%
Nasdaq 100 - Fallers
Lam Research Corp. (LRCX) $75.45 -2.87%
Tesla Inc (TSLA) $262.51 -2.48%
Charter Communications Inc. (CHTR) $329.67 -1.88%
Cadence Design Systems Inc. (CDNS) $252.77 -1.76%
Seagate Technology Plc (STX) $101.32 -1.64%
Align Technology Inc. (ALGN) $215.80 -1.60%
Micron Technology Inc. (MU) $106.39 -1.41%
Workday, Inc. (WDAY) $234.95 -1.16%
Synopsys Inc. (SNPS) $496.18 -1.08%
Hasbro Inc (HAS) $65.80 -0.93%