Wall Street today: US stocks mixed ahead of earnings | Stock Market News
Source: Live Mint
US stocks were mixed on Monday ahead of earnings.
As of 9:33 am Eastern time, the S&P 500 was 0.3 per cent higher, the Nasdaq Composite was up 0.6 per cent, and the Dow Jones Industrial Average was down 0.3 per cent.
This week’s calendar includes September US retail sales and earnings reports from Netflix, Goldman Sachs and Procter & Gamble.
Boeing shares dropped 2.9 per cent after it announced on Friday that it plans to cut 10 per cent of its global staff and delay the launch of the 777X.
Crude oil
Oil prices declined about 2 per cent on Monday after China oil imports fell for the fifth month and on cut in 2024 and 2025 global oil demand growth by the OPEC.
Brent crude futures were down $1.50, or 1.9 per cent, at $77.54 per barrel by 1213 GMT, while US West Texas Intermediate crude futures fell $1.53, or 2%, to $74.03 per barrel.
Bullion
Gold prices edged higher on Monday as investors assessed China’s weekend stimulus announcement.
Spot gold rose 0.2 per cent to $2,660.64 per ounce by 0800 GMT. US gold futures were steady at $2,677.90.
Spot silver fell 0.2 per cent to $31.48 per ounce.
