US open: Stocks start week off little changed

(Sharecast News) - US stock were little changed on Monday ahead of an extremely busy week of corporate earnings. No major company results or economic data were due on Monday. However, between Tuesday and Thursday, five blue chip tech stocks - Microsoft, Apple, Alphabet, Amazon and Meta Platforms - would report their results.

That would be on top of the Federal Reserve's policy meeting on Wednesday and the release of the monthly non-farm payrolls report on Friday.

As of 1619 GMT, the Dow Jones Industrials was drifting lower by 0.04% to 38,097.66.

The S&P 500 however was up by 0.04% to 4,893.87 and the Nasdaq Composite by 0.21% to 15,487.62.

"Today markets the quiet before the storm, with central banks and corporate earnings expected to make this perhaps the most important week in the first quarter," said analyst Joshua Mahony from Scope Markets.

"The ever-reliable tech sector has helped drive much of the upside that took all three US indices into record territory last week, but the time has come to justify those lofty valuations."

New attacks on shipping in the Red Sea by Houthi rebels and a drone attack on a US base in Jordan that killed three American soldiers were putting a bid into gold futures.

Yet front-dated West Texas Intermediate crude oil futures were down by 1.24% to $76.99 a barrel on the NYMEX.

Yields on benchmark 10-year U.S. Treasury notes meanwhile were off by seven basis points at 4.109%.

Dow Jones - Risers

Visa Inc. (V) $271.60 1.37%

Salesforce.Com Inc. (CRM) $283.23 1.18%

Microsoft Corp. (MSFT) $406.20 0.56%

3M Co. (MMM) $96.51 0.55%

Walt Disney Co. (DIS) $95.66 0.31%

Caterpillar Inc. (CAT) $300.11 0.23%

Amgen Inc. (AMGN) $312.33 0.18%

Johnson & Johnson (JNJ) $159.75 0.16%

Unitedhealth Group Inc. (UNH) $503.70 0.10%

Dowdupont Inc. (DWDP) $0.00 0.00%

Dow Jones - Fallers

Walgreens Boots Alliance, Inc. (WBA) $22.46 -1.71%

Intel Corp. (INTC) $43.00 -1.49%

Verizon Communications Inc. (VZ) $41.78 -1.46%

McDonald's Corp. (MCD) $288.49 -1.29%

Dow Chemical Co. (DOW) $53.51 -1.02%

Apple Inc. (AAPL) $190.55 -0.97%

Chevron Corp. (CVX) $148.01 -0.76%

American Express Co. (AXP) $200.26 -0.58%

International Business Machines Corporation (CDI) (IBM) $186.47 -0.51%

Procter & Gamble Co. (PG) $155.52 -0.39%

S&P 500 - Risers

Archer-Daniels-Midland Co. (ADM) $53.96 3.67%

Align Technology Inc. (ALGN) $271.83 2.86%

Illumina Inc. (ILMN) $144.55 2.79%

Nektar Therapeutics (NKTR) $0.52 2.49%

Resmed Inc. (RMD) $194.47 2.27%

Adobe Systems Inc. (ADBE) $626.69 2.08%

Western Digital Corp. (WDC) $59.38 1.97%

Carnival Corp. (CCL) $16.13 1.86%

Waters Corp. (WAT) $321.80 1.80%

Chipotle Mexican Grill Inc. (CMG) $2,367.46 1.77%

S&P 500 - Fallers

CenturyLink Inc. (LUMN) $1.32 -6.07%

Nordstrom Inc. (JWN) $19.07 -3.83%

ONEOK Inc. (OKE) $68.78 -2.36%

International Paper Co. (IP) $36.74 -2.20%

Target Corp. (TGT) $139.43 -2.17%

Macy's Inc. (M) $18.53 -1.96%

Best Buy Co. Inc. (BBY) $73.49 -1.78%

Gap Inc. (GPS) $19.40 -1.75%

Walgreens Boots Alliance, Inc. (WBA) $22.46 -1.71%

FedEx Corp. (FDX) $247.27 -1.70%

Nasdaq 100 - Risers

Tesla Inc (TSLA) $189.30 3.30%

Align Technology Inc. (ALGN) $271.83 2.86%

Illumina Inc. (ILMN) $144.55 2.79%

Adobe Systems Inc. (ADBE) $626.69 2.08%

Western Digital Corp. (WDC) $59.38 1.97%

Paypal Holdings Inc (PYPL) $62.82 1.68%

Liberty Global plc Series A (LBTYA) $20.50 1.56%

Workday, Inc. (WDAY) $292.96 1.50%

Liberty Global plc Series C (LBTYK) $21.76 1.35%

Regeneron Pharmaceuticals Inc. (REGN) $951.00 1.16%

Nasdaq 100 - Fallers

NetEase Inc. Ads (NTES) $98.99 -3.20%

JD.com, Inc. (JD) $23.17 -2.91%

Vodafone Group Plc ADS (VOD) $8.88 -1.99%

Trip.com Group Limited (TCOM) $36.85 -1.72%

Walgreens Boots Alliance, Inc. (WBA) $22.46 -1.71%

Mercadolibre Inc. (MELI) $1,765.30 -1.70%

Sirius XM Holdings Inc (SIRI) $5.25 -1.69%

Intel Corp. (INTC) $43.00 -1.49%

Microchip Technology Inc. (MCHP) $85.77 -1.32%

Baidu Inc. (BIDU) $106.45 -1.12%