Stocks Mixed as Tech Rebounds While Dow Slips for 4th Day Ahead of Big Earnings Reports
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U.S. stocks ended mixed as Treasury yields eased back from 5% and investors looked ahead to big tech earnings and economic data this week.
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The Dow fell for the 4th straight day while the Nasdaq rose on momentum from rate-sensitive tech stocks.
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Nearly 1/3 of S&P 500 companies report earnings this week including Microsoft, Alphabet, Meta and Amazon.
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GDP and inflation data out later this week will give clues on the health of the economy and whether the Fed will keep raising rates.
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Walgreens jumped on an upgrade while Chevron fell after its $53 billion deal to buy Hess.
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