Stocks Waver Near Records Ahead of Big Tech Earnings; UPS Sinks, GM Rises on Earnings
• U.S. stocks drifting near record highs; S&P 500 down 0.1%, Dow 8 points lower, Nasdaq down 0.4% • UPS stock sinks 8.4% despite beating profit estimates; revenue missed forecasts • GM jumps 6.9% with stronger than expected profit and revenue • Job openings data suggests hotter job market than expected; fuels questions about potential Fed rate cuts • Microsoft, Alphabet set to report earnings after trading ends; 2 of market's most influential stocks