NEW YORK (AP) — U.S. stock indexes drifted to a mixed close ahead of a week full of earnings reports from Wall Street's most influential companies and a Federal Reserve meeting on interest rates.
The S&P 500 rose 0.1% Monday, coming off its first back-to-back weekly losses since April. The Dow Jones Industrial Average slipped 0.1%, and the Nasdaq composite rose 0.1%.
ON Semiconductor led the market after delivering stronger profit than analysts expected. Reports from Microsoft, Apple, Amazon and Meta Platforms will follow later this week.
So will a meeting by the Federal Reserve, where officials may hint that a rate cut will arrive in September.