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Stocks off to a mixed start on Wall Street ahead of earnings

2 years 3 weeks 7 hours ago Monday, July 20 2020 Jul 20, 2020 July 20, 2020 9:22 AM July 20, 2020 in News
Source: Associated Press

Stocks are off to a mixed start on Wall Street Monday as a three-week rally loses steam.

The S&P 500 edged down 0.1% in the first few minutes of trading after wobbling between small gains and losses shortly after the opening bell. Facebook fell more than 2%, leading losses among communications companies.

Noble Energy jumped 7% after the company agreed to be acquied by Chevron for $5 billion.
Investors are looking ahead to a busy week of earnings reports from major U.S. companies including IBM, Coca-Cola and Microsoft. Treasury yields fell.

European markets were mostly higher and Asian markets ended mixed.

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