Investment accounts
Adult accounts
Child accounts
Choosing Fidelity
Choosing Fidelity
Why invest with us Current offers Fees and charges Open an account Transfer investments
Financial advice & support
Fidelity’s Services
Fidelity’s Services
Financial advice Retirement Wealth Management Investor Centre (London) Bereavement
Guidance and tools
Guidance and tools
Choosing investments Choosing accounts ISA calculator Retirement calculators
Share dealing
Choose your shares
Tools and information
Tools and information
Share prices and markets Chart and compare shares Stock market news Shareholder perks IPOs and placings
Pensions & retirement
Pensions, tax & tools
Saving for retirement
Approaching / In retirement
Approaching / In retirement
Speak to a specialist Creating a retirement plan Taking tax-free cash Pension drawdown Annuities Investing in retirement Investment Pathways
US open: Stocks higher as investors await inflation data, Q1 earnings
(Sharecast News) - Wall Street stocks were in the green early on Monday as stocks look to reclaim some of last week's losses ahead of key inflation data and first-quarter corporate earnings later in the week. As of 1500 BST, the Dow Jones Industrial Average was up 0.15% at 38,964.12, while the S&P 500 advanced 0.05% to 5,206.91 and the Nasdaq Composite came out the gate 0.14% firmer at 16,270.74.
The Dow opened 60.08 points higher on Monday, extending gains recorded on Friday after a stronger-than-expected jobs report left market participants hopeful that a strong US economy may remain supportive of corporate earnings growth.
Scope Markets' Joshua Mahony said: "Today represents the calm before the storm, with a largely empty economic calendar giving way to a week that sees US inflation, three monetary policy decisions, and the commencement of the third first quarter US earnings season.
"The impressive strength of the US jobs market may be good news for those hoping to see another set of strong earnings for Q1, yet we could be in for a rude awakening when the US CPI inflation gauge is reported on Wednesday."
No major data points were scheduled for release on Monday but traders were patiently waiting for the publication of March's consumer and producer price indexes, due out on Wednesday and Thursday, respectively.
Investors also continued to navigate rising bond yields and oil prices, with the yield on the benchmark 10-year Treasury note hitting 4.417% early on Monday, while US crude oil briefly touched $87.00 per barrel last week amid ongoing geopolitical tensions.
In the corporate space, Tesla shares traded higher at the open after chief executive Elon Musk revealed the group's robotaxi would be unveiled in August.
Reporting by Iain Gilbert at Sharecast.com
Dow Jones - Risers
3M Co. (MMM) $92.61 1.74% Walgreens Boots Alliance, Inc. (WBA) $19.44 1.62% Goldman Sachs Group Inc. (GS) $411.35 0.80% Nike Inc. (NKE) $89.44 0.68% McDonald's Corp. (MCD) $268.44 0.66% JP Morgan Chase & Co. (JPM) $198.65 0.61% Chevron Corp. (CVX) $162.46 0.53% Home Depot Inc. (HD) $359.61 0.49% Caterpillar Inc. (CAT) $381.07 0.47% American Express Co. (AXP) $223.45 0.45%
Dow Jones - Fallers
Salesforce.Com Inc. (CRM) $299.88 -0.67% Merck & Co. Inc. (MRK) $127.22 -0.60% Visa Inc. (V) $275.50 -0.59% Apple Inc. (AAPL) $168.64 -0.55% Microsoft Corp. (MSFT) $423.56 -0.46% Walt Disney Co. (DIS) $117.94 -0.37% Coca-Cola Co. (KO) $59.35 -0.27% Intel Corp. (INTC) $38.63 -0.20% Unitedhealth Group Inc. (UNH) $454.84 -0.20% Johnson & Johnson (JNJ) $152.20 -0.13%
S&P 500 - Risers
Mid Amer Apt Commun (MAA) $133.11 4.73% Sealed Air Corp. (SEE) $34.00 4.10% Apartment Investment & Management Co. (AIV) $8.16 4.08% CenturyLink Inc. (LUMN) $1.39 3.73% Harley-Davidson Inc. (HOG) $43.58 3.55% United Domin Rlty Trust (UDR) $37.77 3.45% Hanesbrands Inc. (HBI) $5.30 3.41% Albemarle Corp. (ALB) $127.66 3.41% Norwegian Cruise Line Holdings Ltd (NCLH) $19.40 2.70% Huntington Bancshares Inc. (HBAN) $13.94 2.50%
S&P 500 - Fallers
Fortinet Inc. (FTNT) $68.80 -2.98% Advanced Micro Devices Inc. (AMD) $166.94 -2.04% Medtronic Plc (MDT) $82.85 -2.02% Broadcom Inc. (AVGO) $1,317.26 -1.66% Eaton Corporation plc (ETN) $325.27 -1.59% Skyworks Solutions Inc. (SWKS) $103.83 -1.56% Adobe Systems Inc. (ADBE) $477.63 -1.54% Vertex Pharmaceuticals Inc. (VRTX) $400.50 -1.52% Intuitive Surgical Inc. (ISRG) $383.32 -1.31% Synopsys Inc. (SNPS) $568.16 -1.27%
Nasdaq 100 - Risers
Tesla Inc (TSLA) $170.51 3.40% Hasbro Inc (HAS) $57.83 2.50% Qurate Retail Inc. (QRTEA) $1.04 2.45% Trip.com Group Limited (TCOM) $49.01 1.80% Ulta Salon, Cosmetics & Fragrance Inc. (ULTA) $452.55 1.75% Walgreens Boots Alliance, Inc. (WBA) $19.44 1.62% Take-Two Interactive Software Inc. (TTWO) $152.72 1.11% Liberty Global plc Series C (LBTYK) $17.73 1.05% Illumina Inc. (ILMN) $129.08 1.04% Liberty Global plc Series A (LBTYA) $17.11 0.94%
Nasdaq 100 - Fallers
Baidu Inc. (BIDU) $103.75 -2.57% Broadcom Inc. (AVGO) $1,317.26 -1.66% Skyworks Solutions Inc. (SWKS) $103.83 -1.56% Adobe Systems Inc. (ADBE) $477.63 -1.54% Vertex Pharmaceuticals Inc. (VRTX) $400.50 -1.52% Intuitive Surgical Inc. (ISRG) $383.32 -1.31% Synopsys Inc. (SNPS) $568.16 -1.27% Nvidia Corp. (NVDA) $870.65 -1.07% Meta Platforms Inc. (META) $522.30 -0.96% Netflix Inc. (NFLX) $630.50 -0.89%
Share this article
Related Sharecast Articles
Important information: This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to one of Fidelity’s advisers or an authorised financial adviser of your choice. When you are thinking about investing in shares, it’s generally a good idea to consider holding them alongside other investments in a diversified portfolio of assets. Past performance is not a reliable indicator of future returns.
Award-winning online share dealing
Search, compare and select from thousands of shares.
Expert insights into investing your money
Our team of experts explore the world of share dealing.
Policies and important information
Accessibility | Conflicts of interest statement | Consumer Duty Target Market | Consumer Duty Value Assessment Statement | Cookie policy | Diversity and Inclusion | Doing Business with Fidelity | Fidelity gender pay report | Investing in Fidelity funds | Legal information | Modern slavery | Mutual respect policy | Privacy statement | Remuneration policy | Security | Statutory and Regulatory disclosures | Whistleblowing policy
Please remember that past performance is not necessarily a guide to future performance, the performance of investments is not guaranteed, and the value of your investments can go down as well as up, so you may get back less than you invest. When investments have particular tax features, these will depend on your personal circumstances and tax rules may change in the future. This website does not contain any personal recommendations for a particular course of action, service or product. You should regularly review your investment objectives and choices and, if you are unsure whether an investment is suitable for you, you should contact an authorised financial adviser. Before opening an account, please read the ‘Doing Business with Fidelity’ document which incorporates our client terms. Prior to investing into a fund, please read the relevant key information document which contains important information about the fund.
This website is issued by Financial Administration Services Limited, which is authorised and regulated by the Financial Conduct Authority (FCA) (FCA Register number 122169) and registered in England and Wales under company number 1629709 whose registered address is Beech Gate, Millfield Lane, Lower Kingswood, Tadworth, Surrey, KT20 6RP.
