Stocks rebounded on Monday after opening lower, as investors bet on a continuation of strong earnings reports from major companies. Tesla and Netflix gained ahead of third-quarter reports this week.
The S&P 500 rose 0.3% to 4,486.46, while the Dow Jones Industrial Average fell 36.15 points, or 0.1%, to 35,258.61. The Nasdaq Composite gained 0.8% to 15,021.81.
A number of big names are set to report in the week ahead, including Netflix, Johnson & Johnson, United Airlines and Procter & Gamble on Tuesday. Tesla, Verizon and IBM are among the other names on deck for the week.
Strong results from the first week of earnings, including from the largest banks, have pushed the major averages to within striking distance of their all-time highs. The
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