U.S. stock indexes inched to more records to kick off a week full of profit updates from big U.S. companies.
The S&P 500 rose 0.1 percent Monday and squeaked past its prior all-time high set on Thursday. The Dow Jones Industrial Average slipped less than 0.1 percent, and the Nasdaq composite added 0.4 percent to its own record.
Verizon Communications helped lead the way following its better-than-expected profit report. Cleveland-Cliffs rallied after the steel producer reported a smaller loss than analysts expected. Other companies slated to report their results for the spring this week include Alphabet, Coca-Cola, and Tesla.
On Monday:
The S&P 500 rose 8.81 points, or 0.1 percent, to 6,305.60.
The Dow Jones Industrial Average fell 19.12 points, or less than 0.1 percent, to 44,323.07.
The Nasdaq composite rose 78.52 points, or 0.4 percent, to 20,974.17.
The Russell 2000 index of smaller companies fell 8.87 points, or 0.4 percent, to 2,231.13.
For the year:
The S&P 500 is up 423.97 points, or 7.2 percent.
The Dow is up 1,778.85 points, or 4.2 percent.
The Nasdaq is up 1,663.38 points, or 8.6 percent.
The Russell 2000 is up 0.98 points, or less than 0.1 percent.
The views and opinions expressed are those of the authors. They are meant for general informational purposes only and should not be construed or interpreted as a recommendation or solicitation. The Epoch Times does not provide investment, tax, legal, financial planning, estate planning, or any other personal finance advice. The Epoch Times holds no liability for the accuracy or timeliness of the information provided.