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Equities Higher as Markets Await Week's Major Corporate Earnings
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Equities Higher as Markets Await Week's Major Corporate Earnings
Oct 17, 2024 12:24 PM

03:51 PM EDT, 10/14/2024 (MT Newswires) -- US benchmark equity indexes were on course to close higher Monday as traders awaited key corporate earnings scheduled for later in the week.

The Nasdaq Composite was up 1% at 18,532.9, while the S&P 500 rose 0.9% to 5,866.9. The Dow Jones Industrial Average advanced 0.5% to 43,091.7. Barring energy, all sectors were in the green, led by technology and utilities.

UnitedHealth ( UNH ) , Johnson & Johnson ( JNJ ) , Bank of America ( BAC ) , Goldman Sachs ( GS ) , Citigroup ( C ) , Netflix (NFLX), Morgan Stanley (MS), Procter & Gamble ( PG ) and American Express ( AXP ) are among the major companies scheduled to report their latest quarterly financial results later this week.

West Texas Intermediate crude oil was down 2.3% at $73.82 a barrel.

The US bond market was closed Monday for Columbus Day.

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