Stock futures mixed ahead of big week for tech earnings

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Stocks climbed to record highs Monday as investors prepared for Tesla’s quarterly earnings report and the results from other mega-cap tech companies. 

Ticker Security Last Change Change %
I:DJI DOW JONES AVERAGES 33981.57 -61.92 -0.18%
SP500 S&P 500 4187.62 +7.45 +0.18%
I:COMP NASDAQ COMPOSITE INDEX 14138.775812 +121.97 +0.87%

The benchmark S&P 500 gained 0.18% and the Nasdaq Composite rallied 0.87% as both indexes finished at all-time highs. The Dow Jones Industrial Average, meanwhile, slipped 61 points, or 0.18%. 

While the S&P finished at record highs as early as last week, it was the Nasdaq’s first record since February. 

The major averages received a lift after the Census Bureau said durable goods orders rose 0.5% in March, rebounding from a decline in the prior month. Excluding transportation, orders increased 1.6%, in line with forecasts. 

Ticker Security Last Change Change %
AAPL APPLE, INC. 134.72 +0.40 +0.30%
AMZN AMAZON.COM, INC. 3,409.00 +68.12 +2.04%
FB FACEBOOK, INC. 303.04 +1.91 +0.63%
GOOGL ALPHABET, INC. 2,309.93 +10.00 +0.43%
MSFT MICROSOFT CORP. 261.55 +0.40 +0.15%

In stocks, tech giants Apple Inc., Amazon Inc., Facebook Inc. Alphabet Inc. and Microsoft Corp. will all release their quarterly results this week. But first, Tesla was expected to report a record quarterly profit after Monday’s closing bell.

Ticker Security Last Change Change %
TSLA TESLA, INC. 738.20 +8.80 +1.21%

A pause on Johnson & Johnson’s COVID-19 vaccine was lifted late Friday after U.S. regulators concluded the benefits outweigh the risks. The vaccine was paused earlier this month after six women out of more than 7 million who received the inoculation developed blot clots. 

Elsewhere, Moderna Inc.’s COVID-19 vaccine will be reviewed by World Health Organization experts on April 30 for possible emergency-use listing, Reuters reported, citing a WHO official. 

Ticker Security Last Change Change %
JNJ JOHNSON & JOHNSON 164.24 -1.19 -0.72%
MRNA MODERNA, INC. 177.61 +3.98 +2.29%

Good news on COVID-19 helped lift travel-related names including American Airlines Group Inc., Carnival Corp. and Hilton Hotels Corp. 

Ticker Security Last Change Change %
AAL AMERICAN AIRLINES GROUP, INC. 22.04 +0.93 +4.41%
CCL CARNIVAL CORP. 27.55 +0.28 +1.03%
HLT HILTON WORLDWIDE HOLDINGS, INC. 127.72 +0.51 +0.40%

In commodities, West Texas Intermediate crude oil lost 23 cents to $61.91 per barrel and gold edged up $2.20 to $1,779.20 an ounce.  

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Overseas markets were mixed. 

European markets reversed early losses with Britain’s FTSE 100 rallying 0.35%, France’s CAC 40 rising 0.28% and Germany’s DAX 30 ticking up 0.11%. 

In Asia, China’s Shanghai Composite fell 0.95%, Hong Kong’s Hang Seng index slid 0.43% and Japan’s Nikkei 225 advanced 0.36%.