Investors focus on upcoming megacap tech earnings, driving early gains in major US equity indexes on Monday.
US stocks opened higher as traders anticipated a key week of earnings from major technology firms. The S&P 500 rose 0.6%, the Dow added 0.3%, and the Nasdaq outperformed with stronger gains amid tech sector optimism.
Markets are positioning ahead of reports from several megacap companies, which could set the tone for broader sentiment. Last week’s mixed performance left investors cautious, but earnings expectations remain a focal point.
No immediate market reaction data was provided, though futures had indicated a positive start earlier in the session.