Stocks waver as big earnings week begins
U.S. stocks gained Monday as investors braced for a jam-packed week of corporate earnings and contemplated the Federal Reserve’s next rate move ahead of the central bank’s meeting later this month.
The S&P 500 (^GSPC) advanced 0.9%, while the Dow Jones Industrial Average (^DJI) added about 240 points, or 0.7%. The technology-heavy Nasdaq Composite (^IXIC) again led the way higher, rallying 1.5%.
All eyes were on Salesforce (CRM) Monday morning after the news hedge fund Elliott Investment…